Earlier this month, we officially started the construction of our third plant in Brazil, with a symbolic ceremony in Capivari, São Paulo. The event marked the placement of the first stake on a 215,000 m² plot, signaling our commitment to growth and continuous investment in the Brazil market.
The expansion project in Brazil includes, in its first phase, the construction of a factory over 30,000 m², which will house new high-tech machinery and a distribution center. The initial investment will be €24.5 million, covering both construction and equipment. It will be our 11th factory worldwide, and the third in Brazil, with the potential to become our second-largest facility once completed.
“I am very proud to be here at the start of the construction of our new factory, the third in Brazil. The foundation started today, and it’s already a success, thanks to this whole team who organized and made this day possible. This expansion project will make Drylock even stronger in the Brazil baby and adult diaper market,” CEO Ban Van Malderen said during the ceremony.
The new plant project also includes a space where a Drylock grove will be cultivated, similar to the Drylock forest created at the Segovia plant in Spain, underlining our commitment to sustainability.