June 13, 2018 / 2:59 PM / 3 months ago

Nestle to close Ludwigsburg plant in Germany

ZURICH (Reuters) - Nestle (NESN.S) plans to close at the end of 2018 a German plant that makes coffee substitute Caro and roasted cereals and which employs around 100 staff, the Swiss food group said on Wednesday.

FILE PHOTO: The Nestle logo, April 12, 2018. REUTERS/Pierre Albouy/File Photo

It cited reduced demand for Caro, which was popular in the post-war period. “This led to production volume stagnating at a low level. The site is far from being fully used,” it said in a statement.

Some output from the Ludwigsburg plant near Stuttgart will be transferred to other sites in Europe, it added.

Reporting by Angelika Gruber, Writing by Michael Shields; Editing by Elaine Hardcastle

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