Before Kraft’s takeover of Cadbury the company made allsorts of promises about jobs and investment in the UK and once shareholders approved the takeover.
Cadbury’s new owner, Kraft, says it plans to close the company’s Somerdale factory in Keynsham, near Bristol.
Just last week it said it would keep it open. The shutdown would mean the loss of 400 jobs.
Cadbury had earmarked the plant for closure but Kraft’s takeover had raised hopes of a reprieve. Source: The BBC.
Is anyone surprised? Kraft is here to make money for their shareholder so of course they’re going to move production to Poland it’s cheaper – for now – that’s investment Kraft style.