# Lotus Bakeries global production expansion > Live situation record from CLSTR: https://clstr.news/situations/lotus-bakeries-global-production-expansion > Updated: 2026-08-27T01:24:07.000Z. Sources: 2. Developments: 2. Lotus Bakeries has announced a major global expansion plan, pledging at least €500 million in investment between 2026 and 2030. The initiative is designed to scale production of its Biscoff brand as the company aims to become the world’s third-largest biscuit brand. The capital will be allocated to three primary locations: a new plant in Lembeke, Belgium; a facility in Mebane, North Carolina, USA, scheduled to begin operations in 2029; and an expansion of its Chonburi site in Thailand, with a new production line expected by 2027. Additionally, the company is working with Mondelez International on a strategy to enter the Brazilian market. The investment follows strong financial performance in the first half of 2026, during which the company reported a 14% increase in revenue to approximately €750 million and a net profit of roughly €98 million. Biscoff volume grew by more than 20% during this period. Following these reports, analysts at Berenberg raised profit forecasts and price targets, noting that the company’s stock had risen 67% since the start of the year. ## Timeline ### 2026-08-27: Lotus Bakeries to invest 500 million euros in global expansion Lotus Bakeries plans to invest 500 million euros by 2030 to expand production for its Biscoff brand, following strong first-half 2026 financial results and high global demand. 2 sources. https://clstr.news/cluster/lotus-bakeries-to-invest-500-million-euros-in-global-expansion ### 2026-08-07: Lotus Bakeries commits €500 million to expand Biscoff production globally Lotus Bakeries will invest €500 million by 2030 to expand Biscoff production in Belgium, the US and Thailand, targeting Brazil with Mondelez and aiming to become the third‑largest global biscuit brand. 2 sources. https://clstr.news/cluster/lotus-bakeries-commits-500-million-to-expand-biscoff-production-globally --- Cite as: Lotus Bakeries global production expansion. CLSTR, https://clstr.news/situations/lotus-bakeries-global-production-expansion