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Interroll posts 61% rise in China sales, eyes further expansion
Interroll, a leading product and service provider for the internal logistics sector, aims to further expand in China after posting strong growth in the country, its chief executive said.
The Switzerland-based company, which makes rollers, drives and conveyors for delivery firms, airports and food processors, said China sales increased 61 percent in the first half, CEO Paul Zumbuehl said yesterday. Global sales grew 9.1 percent in the same period.
Interroll doesn't reveal sales country by country but Zumbuehl said Asia accounts for about a fifth of its global sales.
To further expand in the country, where Interroll counts China Post, Coca-Cola and China Tobacco as customers, Zumbuehl said it will seek both organic growth and acquisitions that could bring “complementary products and technology.”
Interroll recently signed a deal to buy Shenzhen, Guangdong Province-based Pert Engineering, a Chinese maker of conveyor belt curves for airports and logistics customers. Pert had annual sales of about US$4 million last year.
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