Purchase of Silvergreen facility in Günzburg, Germany
The Weissenhorn-based company PERI has announced the purchase of the Silvergreen site in Günzburg. The new location will complement the main plant in Weissenhorn as the expansion possibilities there are very limited.
As part of the company´s successful strategy in the scaffolding sector and the resulting increase in sales volumes, PERI urgently requires additional production capacity. However, at the headquarters in Weissenhorn, the currently available areas earmarked for expansion have been reserved for the expected future growth of the central administration as well as the German PERI subsidiary. Also for the core activity of formwork production in Weissenhorn, all reserve areas must be kept for future growth. As the family business knows and appreciates the advantages provided in the region, in particular the supply of highly skilled qualified workers as well as reliable suppliers, the site acquired in Günzburg, approx. 25 km away from Weissenhorn, presents an ideal complement. In the future, the PERI Group´s main scaffolding manufacturing facility will be based at this 135,000 m² area. The manufactured scaffolding systems are highly appreciated worldwide by customers from the industry and the construction sector due to the simple handling and high safety standards.
Leonhard Braig, Managing Director for Products and Technology at PERI stressed that the existing production in Weissenhorn will continue as before. "The purchase of the Silvergreen site marks for us a further important step as part of our growth strategy in the scaffolding market. We take a long-term approach, and the location based in Günzburg creates the framework conditions required for future corporate growth."
PERI considers the location of the plant as a particular advantage. On the one hand, it is a short distance from the headquarters in Weissenhorn and, on the other, it has optimal accessibility from a logistics perspective though the direct connection to the A8 motorway. During the course of this year, it is planned to commence production of scaffolding components; the new facility will create new jobs for around 90 skilled personnel.
The successful growth strategy adopted by PERI is also reflected in the figures. In 2015, PERI was able to increase turnover by 13 % thus surpassing its own sales record established in 2008. For Dr. Fabian Kracht, Managing Director for Finance and Organization, it is no coincidence. "Through the early and consistent internationalization strategy that was implemented, PERI could participate in and benefit from the growth markets in Asia, America and the Middle East. In the meantime, PERI realizes nearly 90 % of its turnover abroad. As a result of this international positioning, the company is also able to better compensate if faced with national economic crises as experienced in 2015, for example, in Brazil or Ukraine."
More about PERI
With a turnover of 1.3 billion euros in 2015, PERI is internationally one of the largest manufacturers and providers of formwork and scaffolding systems. Since its founding in 1969, the core activities of development and production have been based in Weissenhorn which is situated to the south of Ulm. Worldwide, PERI has around 7,500 employees (2,100 in Weissenhorn), more than 60 subsidiaries and over 120 efficiently run stockyards, and provides its customers with innovative system equipment and a comprehensive range of services relating to formwork and scaffolding technology. Great innovative strength, a high level of competence for engineering services along with the best material qualities in turn guarantee cost-effective, efficient and safe solutions for formwork and scaffolding projects around the world.
