ACG Launches new Capsules Manufacturing Plant in Brazil
ACG Group has expanded its footprint in Brazil with the launch of a new capsules manufacturing plant in Pouso Alegre, Minas Gerais, west of Rio de Janeiro. With approximately 350 million Brazilian reals (€84 million) invested, this factory spans an area of 14,000 m² and will generate around 500 new jobs locally.
Following the acquisition of the films and foils company Nova Nordeplast in 2017, this is the second ACG manufacturing facility in the region. Both will serve the entire LATAM and neighboring areas.
Selwyn Noronha, CEO ACG Capsules, said, “ACG Capsules is one of the largest capsule manufacturers in the world, servicing pharmaceutical and nutraceutical customers in more than 100 countries. The company already has a significant presence in LATAM, and following this investment, ACG will further be able to meet the growing requirements of the region.”
The new ACG capsule manufacturing facility complies with the highest standards defined by the Brazilian Health Regulatory Agency ANVISA & GMP regulatory bodies.
Both Nova Nordeplast and the new ACG Capsule plant will offer unique and differentiated solutions with faster response times to customers in the region. ACG Capsules has also pioneered printing on hard capsules that allows the pharmaceutical companies to create brand differentiation in the market and thwart the threat of counterfeit or falsified drugs.
“ACG is extremely proud of this new state-of-the-art facility, which demonstrates our long-term commitment to Brazil. As the fifth largest pharmaceutical market in the world, Brazil is a key strategic one for ACG. And the benefit of having local manufacturing will certainly strengthen ties with our customers”, commented Roberson Petrungaro, Commercial Director – LATAM, ACG Capsules.
ACG Group, based in Mumbai, India, is an end-to-end manufacturing solutions provider for the pharmaceutical industry.