November 7, 2018
Perstorp to invest more than US$16 million in feed and food
Perstorp Group will invest more than EUR14 million (US$16 million) in its feed and food business, with a goal of enhancing next-generation solutions for gut health and preservation.
The investment will involve the expansion of its plant in the Netherlands.
"Consumer demands favor next-generation solutions such as the ones we provide. Perstorp has seen this potential. Enlarging our presence allows us to meet these demands," said Perstorp's executive vice president Roger Mann. He considered the investment as a "society-driven decision."
"Taking ownership of your health is a trend we see worldwide. People want to know what is on their plate, how their food is made, how the animals were treated and if they were raised antibiotic free. By investing in feed and food, we want to contribute to a sustainable world for future generations," Mann added.
Perstorp Feed & Food will establish new production units in Asia and the Americas. "This way, we can offer a faster, more robust and flexible supply chain. By strategically strengthening and expanding (our) feed and food (business), we can keep offering next generation solutions all around the world," Mann explained.
According to Perstorp, the company's feed and food business is doubling the number of employees in R&D, regulatory affairs, supply chain, operations, marketing and sales. Its plant in Waspik, the Netherlands, will be the "beating heart" of its business.
In addition, an investment programme had been approved for the site to expand its office space, laboratories and production capacity.
Mann also underlined the importance of hiring skilled people with a passion for agri-food.
"We want our people to have a deep understanding of farmers', veterinarians' and nutritionists' needs. In this ever changing world with its constantly shifting demands, we have to keep pace with the customer's demands," he said.