France-based meals group Fleury Michon is to take a position tens of million of euros within the enterprise over a five-year interval.
Studies within the French media stated that the corporate has an over-arching objective of regaining the primary place amongst cooked ham producers within the nation and plans to spend EUR120m (US$138.8m) to attain its purpose.
One of many methods it intends to do that is by additional creating nitrite-free merchandise.
To this finish, some EUR15m of the funding money will go into analysis and improvement.
Simply Meals has requested Fleury Michon for additional data on its plans.
The corporate is at present attempting to promote its enterprise in Canada however has up to now didn’t tie up a deal.