Portugal’s Sumol+Compal To Invest €65m In Logistics Upgrade
Portuguese drinks firm Sumol+Compal has announced that it plans to invest some €65 million in its logistics capabilities over the 2019-2021 period.
News portal DistribuicaoHoje.com reported that around half of the capital expenditure will be invested in the group’s Almeirim unit, which will undergo reconfiguration, expansion and automation of its storage facilities and filling lines.
As well as doubling the group’s warehousing capacity, Sumol+Compal announced that the investment will help reduce its carbon dioxide footprint by around 250 tonnes per year.
It is also rolling out lighter packaging, developed in association with Tetra Pak, which has a weight reduction of 15% compared to standard packaging, as well as using fewer raw materials.
Sumol+Compal saw turnover in its international business increase to €83 million last year, accounting for 25% of total turnover, according to DistribuicaoHoje.com.
The new investment will enable the business to enhance its geographical reach, the company reported.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.