McBride, the own label supplier of household and personal care products, is to spend £5m to improve its capacity and operational efficiency.

The company will also close its factory in Breda, Holland, which will reduce operating costs by £2.8m, but result in a £3.5m charge in costs in the current financial year.

McBride said the Netherlands-based commercial team would be unaffected by the plant closure and production will be transferred to its plants in Belgium, Poland and the UK.

Chief executive at McBride, Mike Handley, said: “Overall, trading continues to be satisfactory.

“Looking ahead, improved operational efficiency and capacity utilisation will remain central to our management thinking.”