It has announced it is investing in two new liquids plants in Poland and Germany, and intends to sell off its current Zülpich site in Germany, to the Burnus Group.
“This move is highly driven by the growing customer demands for tailored and innovative liquids and creams solutions, as well as full service manufacturing and supply chain excellence,” the company states.
Details of the investment
The two new plants will enable Colep to broaden its offering while streamlining its operations, according to the company.
“Colep will significantly expand the liquids and creams capacity and improve its European footprint through the expansion of the bespoke liquids factory in Kleszczów Poland and a major investment in a new plant in Bad Schmiedeberg Germany, while the plant in Zülpich Germany will be transformed into a production facility for the Burnus Group,” the company states.
“Both new liquids and creams plants will be connected to the existing aerosol contract manufacturing sites, allowing Colep to deliver a wide range of products and packaging technologies from one site.”
The company notes that it expects the new facilities to be fully operational before the end of this year, while the formal handover of its Zulpich site is planned for 2018.
It notes that it “will provide all the necessary support to safeguard the future of the employees affected by the decision in Zülpich.”
The move will add to the company’s global network: Colep currently employs about 3,200 people in Portugal, Brazil, Germany, Mexico, Poland, Spain, the United Arab Emirates and the United Kingdom.
As part of “ACOA - the Alliance of Colep & One Asia”, Colep states that it offers customers a global supply network.