The asset management company is celebrating after gaining 100,000 registered users on its website, for used manufacturing equipment and laboratory instrumentation.
SIG Combibloc, Nestle, Cargill
The facility in Sao Paulo will extend EquipNet’s sales and marketing team in South America, offering customers improved on the ground service, local market knowledge and logistics capabilities within this region.
“With an increasing number of local businesses and international groups opening new facilities in Brazil, the Sao Paulo office meets the growing need for companies looking to source used equipment and to maximise their return on investment by achieving current market value when disposing of surplus assets,” said Ben Potenza, VP, marketing, EquipNet.
Companies which have recently moved to Brazil include Cardia Bioplastics, which opened a $700,000 film and bag manufacturing facility in São Paulo, in 2014 and AR Metallizing (ARM) which has acquired Málaga Produtos Metalizados, in Osasco, Brazil.
The Schmersal Group said it had seen an above-average increase in demand for packaging and food machines from the BRIC countries (Brazil, Russia, India and China) and expanded its Brazil subsidiary food production business last year.
SIG Combibloc also partnered with ebba in South America to launch a drink containing real pieces of fruit in 200ml CombiblocMini aseptic carton packs.
Finally, Fortress Technology moved its Brazil manufacturing facility into larger premises of 3000m², after an increase in demand thanks to new norms in the Brazilian market which has forced companies to include metal detection in their production lines.
'New organisations are constantly emerging'
The company’s customers in Brazil include JBS, Cargill and Nestlé, to hygiene product applications such as Kimberly Clark and Procter & Gamble.
“Businesses operating in dynamic international markets must keep up with the heady pace of change with new organisations constantly emerging and a rising tide of mergers and acquisitions as companies vie for a competitive edge,” added Potenza.
“Our growing team is committed to facilitating the commercial success of our customers in this ever-changing environment, helping businesses to take control of their assets and manage their cost-base effectively to boost their bottom lines.”
EquipNet employs over 140 people in locations through North America, Latin America, Europe and Asia.