BERICAP invests in a new high-end production facility in Kunshan

On 13 March 2024, Kunshan Development Zone signed an agreement with the BERICAP Group to finalize a high-end manufacturing project with a total investment of about US$60 million.

This represents a significant development to further modernize the high-end food industry in this region, and to set up a strategic emerging industrial cluster supported by international presence.

Christian Krautkraemer, Managing Partner at BERICAP was present together with Xu Minzhong (Standing Committee Member of Kunshan Municipal Committee) and Qin Shanshan (Deputy Secretary of the Party Working Committee and Deputy Director of the Management Committee of Kunshan Development Zone) to witness the signing ceremony.

With 29 factories and companies around the world, BERICAP Group is the world’s largest supplier of closure solutions and a Fortune 500 company in Germany.

Its customers include globally renowned brands like Coca-Cola, Nestle, Golden Arana, TetraPak and other multinational food companies.

BERICAP Group entered China in 1997 and established BERICAP (Kunshan) Co., Ltd in the Kunshan Development Zone.  Today, BERICAP Kunshan has become the leading closure supplier with the highest quality and the most advanced technology in China.  Its leading position in the food and related industries has helped BERICAP to become the exclusive supplier for well-known domestic enterprises such as Hengshun, Lee Kum Kee and Qianhe.

To further expand its influence in the Chinese market and to meet growing customer demand in the Asia-Pacific region, BERICAP has decided to increase its investment in Kunshan with this high-end manufacturing project. This will lead to more R&D effort and higher production capacity of high-end closures projected to reach an output value of about Rmb 500 million (US$70.5 million).

In recent years, Kunshan Development Zone has targeted the fast-growing high-end food industry,  and has successfully attracted several renown brands such as Starbucks, Coca-Cola and Luckin, all of which have great brand influence, strong consumption drive and high added value.  With the entry of these major industry players, both upstream and downstream enterprises have also increased their investments to achieve even better results.

The Kunshan Development Zone, located close to Shanghai, aims to attract Top 500 companies in the high-end food industry – both internationally and locally – as it evolves into an important business cluster focusing on the development, manufacturing, sales and display of high-end food products.