Perigord Premedia have today announced they have secured a significant development capital investment from the BDO Development Capital Fund to accelerate the company’s global expansion.
The company is involved in the European life science packaging artwork management sector.
From their base in Dublin, which services the European market, Perigord plans to upgrade and open new hubs in America, Asia and Latin America.
This world-wide footprint will facilitate the creation of a Global platform to service the life sciences sector.
The funding for Perigord was secured from the BDO Development Capital Fund, a €75 million fund supported by Enterprise Ireland, Bank of Ireland and Irish Corporates CRH, Glanbia and Glen Dimplex.
The Fund invests development and growth capital in ambitious companies to support their export growth plans. The funding will be used to build out Perigord’s global network and respond to existing demand to provide artwork solutions under global supply agreements.
Perigord CEO, Alan Leamy says, "This investment from the BDO Development Capital Fund will enable us to build on the success achieved to date which is thanks to both our team of highly talented & committed people in Perigord and also the external support of Enterprise Ireland.
"We look forward to working with our new partners in Development Capital to increase our global scale and service the global life sciences sector as it goes through significant changes in the coming five year period."
Source: www.businessworld.ie