Nespresso opens new Swiss site
Nestle Nespresso plans to open a new coffee production and distribution centre in Avenches, Switzerland in 2008.
The company’s CHF150 million (£94.9m) investment is expected to result in more than 230 staff at the site by 2010. The new production centre will be around 9,000 sq metres, and the distribution centre will be 8,000 sq metres.
Gerhard BerssenbrÃƒ¼gge, CEO, Nestle Nespresso, said that further expansion was necessary to keep up with increased consumer demand for its premium
coffee products. Nespresso has experienced more than 30% compound annual growth for the past five consecutive years.
The new centre will help Nespresso achieve its goal to become a CHF1 billion company by the end of 2006, and reach CHF2bn by the end of 2010.
“Nestle is deeply committed to the future growth of Nestle Nespresso, which is one of the fastest growing Nestle business units worldwide, said Lars Olofsson, executive vice president, strategic business units and marketing.
“Research and development has been one of the key drivers behind this growth. In fact, Nestle pioneered the portioned coffee market more than 20 years ago, and now with Nespresso, the market has gone through a dramatic revolution.