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08-05-2014

Bilcare Research Announces 50 Million Euro Growth Plan

Bilcare Research AG, Allschwil, Switzerland, announces today investments in new capacities of more than EUR 50 million. With the support of an international European bank, Bilcare Research AG aims for an accelerated growth in domestic markets as well as in the target markets of South America and Asia.

Bilcare Research AG is, together with the businesses Bilcare Global Clinical Supplies and Bilcare Technologies, part of the Bilcare Research Grou and operates 9 sites worldwide. Bilcare Research AG is a global producer of rigid films and foils.

With the consistent implementation of its strategy and the reorganization of the group, Bilcare Research AG has achieved remarkable success over the past years. Consequently, the company developed from a films producer to a provider of integrated solution concepts, catering to the constantly increasing and challenging demands of a growing market. Bilcare Research AG continues to focus on the films and foils business for the Pharma, Cards, Print, and Sleeve industries as well as for special applications. In line with this strategy of providing value added solutions, in 2013 Bilcare Research AG exited its PVC/PE films business for food packaging at Fucine Italy. In March 2013, the company swapped its furniture films activities for the Pharma films business of Alfatherm, to further consolidate its leadership position in pharmaceutical packaging.

“Our company clearly demonstrated its strength and high performance over the past years. We are looking forward to implementing the next steps of our further development with a strong and reliable financial institution behind us”, says Thorsten Kühn, CEO Bilcare Research AG, Switzerland.

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