Datwyler: Expansion of production capacities
Datwyler announced that it is further expanding production capacities for the Healthcare and Food & Beverage businesses as well as logistics capacities of the online distributor Reichelt. The company said this is driven by encouraging order intake and customer demands. In 2021, the company expects to invest a total of CHF 120 million to CHF 130 million. Datwyler said it will invest at least CHF 80 million between 2020 and 2022 in its Swiss plant. With a new competence centre for surface technology, the company will strengthen its position for multi-component parts, which play an important role in systems for electric vehicles.
“With the already made and these planned investments, we are laying the foundation for future organic growth. We are very confident that we will achieve the communicated targets for 2021 of an increase in revenue to over CHF 1’100 million and an EBIT margin of around 15 %", said Datwyler’s CEO Dirk Lambrecht.
In the Healthcare Solutions business area, Datwyler supports leading vaccine manufacturers in the supply of Covid-19 vaccines. Among others, it supplies BioNTech and the Serum Institute of India with system-critical elastomer components for sealing the vaccine vials. To avoid capacity shortages, Datwyler plans to invest CHF 75 million to CHF 85 million over the course of 2021 in additional production equipment at the existing seven healthcare plants on three continents and in the second production plant at the existing site in India.
In the Food & Beverage business unit, the new ten-year contract with Nespresso and the supply of a new customer are leading to continuously growing revenue and orders for coffee capsules, said the company. To accommodate the projected volumes, Datwyler expects to invest some CHF 30 million in new production facilities at its Swiss plant in Schattdorf during 2021. In the three years from 2020 to 2022, the company will invest at least CHF 80 million in expanding production capacities and in automating the Swiss plant.
Datwyler is also building a new competence centre for surface technology at the Swiss plant for some CHF 6 million. Starting in late 2021, the centre will research and analyse the cleaning, activation, and phosphating of surfaces of various materials, optimise the use of adhesives, and evaluate new processes and technologies in these areas. With the new competence centre for surface technology, Datwyler addresses increasing customer demands and strengthens its position for multi-component parts in combination with elastomers (rubber-metal, rubber-plastic, etc.). These products play an important role in systems for electric vehicles.