Perlen Packaging expands in Brazil

Perlen Packaging builds a coating plant at its site in Brazil. The CPH Group is thus further expanding its packaging business in Latin America.

The Packaging division of the CPH Group is in Latin America for more than 20 years present. In 2018, it acquired a 60 per cent stake in the Brazilian company Sekoya. It now operates a slitting and logistics centre for blister films with 20 employees as Perlen Packaging Anápolis. Since then, the company has reported double-digit sales growth in Latin America. According to forecasts, the pharmaceutical markets in Latin America are expected to grow by 6-9 per cent annually until 2024. With a population of more than 200 million, Brazil is the sixth largest pharmaceutical market in the world.

Perlen Packaging accelerates expansion

The Packaging Division is expanding its site in Brazil in order to drive forward its expansion in Latin America. With an investment in the high single-digit million range, a PVdC coating system with a capacity of 6500 tonnes. It is scheduled to go into operation in the first quarter of 2022.

Perlen Packaging is also supporting its business partner in Brazil with a loan to build a plant for the production of PVC monofilms at the Anápolis site. At the same time, the Packaging Division is acquiring the remaining 40 per cent of the shares in Perlen Packaging Anápolis.

„These measures will enable us to entire supply chain from mono films to coated films for blister packaging on site. This will enable us to further expand our leading market position for films with a high barrier effect in the region.“ Wolfgang Grimm, Head of Packaging

In Brazil, Perlen Packaging has its third film coating plant after Switzerland and China.

„The investment is a further building block in our strategy to reduce our dependence on paper and the Swiss franc and to expand in the growth markets of emerging countries,“ explains Peter Schildknecht, CEO of the CPH Group.

Source: CPH Group