multinational agri-food group Siro Foods Cereal announced Will continue to close biscuit factory in Venta de Baños (PalenciaWith 200 employees. According to the publication, “After contacting and exchanging information with more than 60 potential investors, in April, the strictly adhered to sales attempt process was rejected by the sole interested person until the end.” this Wednesday’s edition of Diario Palentino.
On June 13, 2022, all interested parties managed to close and sign the contract. Competitiveness Plan for the entire group with close to 1,900 employees, with three employment centers in Venta de Baños and two more factories in Aguilar de Campoo (Palencia) and Toro (Zamora)..
Negotiations took months and the entry of the new owners, mutual funds Afendis and Davidson Kempner, was formalized. The agreement included the measures agreed at the meeting with the Ministry of Industry on 9 June last year.
“That’s when it’s very Cerealto Siro Foods, as well as company committees, the Ministry of Tourism, Industry and Trade and the Board of Directors have pledged to form a working group of workers’ representatives. adds in a statement compiled by the multinational group, Ical.
Unable to find investors interested in the biscuit factory, the new owners of Cerealto Siro, “door is closed to a possible purchase, consuming available time”, When explaining that the terms agreed by all parties in the Competitiveness Plan agreement have been met.
Virginia Barcones, Government delegate in Castilla y León, assured after the news that the Government was “very pending” and “in touch” with the current owners of the multinational agri-foods group Cerealto Siro Foods. “but also with existing potential investors”.
Barcones insisted that he was “in constant contact” and “talking”, with Héctor Gómez, both the mayor and the Minister of Tourism, Industry and Trade.
In this sense, Barcones said, “At Venta de Baños in Palencia, active work is carried out to ensure that neither productive capacities nor employment are lost in our Community.” So he put it in this prudent study that “the minister himself, because I know it, is in the first person”.