Currently employing 525 people, the company plans to move into making ready meals for retail, having specialised in the pub and restaurant sectors.
Further plans include upskilling the current workforce, and accommodating a research and development centre, with the potential to increase opportunities for other Welsh food firms.
The investment is being backed by the Welsh Government, with £550,000 from its Economic Futures Fund.
Samir Edwards, managing director at KK Fine Foods, said the expansion would further secure the future of the company in Deeside. KK Fine Foods is owned by Belgian firm TerBeke.
Welsh Government support
Edwards said: “The continued support from the Welsh Government is very important during this exciting time of growth for KK. This latest expansion will enable KK to meet growing demand from new and existing customers, while creating more than 40 new jobs for the local area.
“In addition to this, it will allow KK to have a continued focus on investing in our employees, through training and upskilling our workforce.
“As this funding will aid the growth of our business, it will also assist in the growth of those businesses that supply KK, many of which are also located in Wales.”
Boost to local economy
Economy and North Wales minister Ken Skates said the expansion plan was “great news” for Deeside and for the industry as a whole in the North Wales region.
Skates said: “They are an established company here and it’s good to see how they are keen to innovate and expand.
“I’m pleased the Welsh Government is supporting the expansion and I look forward to seeing the company go from strength to strength as it reaches out into the retail sector.”