Colombia has 40 industrial bakeries and 30 flour mills.
The establishment of Eurogerm Colombia will extend Eurogerm’s technical and commercial reach in Latin America, a region where it already has subsidiaries in Mexico, Peru and Brazil, the company said.
The subsidiary is run by Andrés Builes, a food engineering specialist who has worked with Eurogerm for several years.
It will provide local technical assistance, so Eurogerm will be able to customize its products and services to a high degree, which has been a key success factor for the group.
“The opening of this new subsidiary represents a key milestone in the execution of our strategy of international expansion,” said Benoît Huvet, Eurogerm’s chief operating officer, and Jean-Philippe Girard, chairman and chief executive officer. “Our presence in Colombia will help to raise our profile and establish a stronger foothold in the Andean and Caribbean regions. We also remain on the look-out for any international acquisition and development opportunities.”