Peri buys Silvergreen production facility in Günzburg, Germany

Weissenhorn-based company 298 PERI has bought the Silvergreen site in Günzburg.

Peri said the location will complement its main plant in Weissenhorn because expansion possibilities there are very limited.

At the headquarters in Weissenhorn, the currently available areas earmarked for expansion have been reserved for future growth of 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.

The 135,000 m² site acquired in Günzburg, around 25km from Weissenhorn, will eventually become Peri’s main scaffolding manufacturing facility.

Leonhard Braig, managing director for products and technology at Peri said that 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,” he said.

“We take a long-term approach, and the location based in Günzburg creates the framework conditions required for future corporate growth."

The Silvergreen site has direct connection to the A8 motorway. Production of scaffolding components will start this year and 90 jobs.

In 2015, Peri increased turnover by 13%, surpassing record sales set in 2008. Peri has around 90% of its turnover abroad. As a result of this international positioning, the company said it is better able to compensate if faced with national economic crises as experienced in 2015, for example, in Brazil or Ukraine."