Despite tough year, sales at Tetra Pak increased by 4.3 per cent from 2011
The company’s Packaging Solutions businesses achieved net sales of €9.87 billion for the year, 4.2 percent higher in comparable terms than in 2011, with growth in South & Southeast Asia, Central & South America, North America, East Europe and Central Asia, and double digit growth in the Middle East and Sub-Sahara Africa.
Sales from Processing Solutions reached €1.29 billion, growing 5.2 per cent year on year, with double-digit growth in North Europe, South & Southeast Asia, Central & South America and Sub-Sahara Africa.
Through 2012, Tetra Pak continued to invest in facilities across the globe. It inaugurated a Coconut Knowledge Centre and completed a €42 million investment to upgrade and expand its operations in Singapore; it inaugurated a new laminator, completing a €25 million investment at its packaging material factory in Izmir, Turkey and it opened a new packaging material plant in Imatra, Finland.
Tetra Pak also made two acquisitions designed to strengthen technical capabilities in some strategic areas: It acquired the Minneapolis-based Filtration Engineering Company, Inc. and it acquired the assets of Genius Automação de Sistemas Ltda., a São Paulo, Brazil-based specialist in industrial control systems.