Singapore, March 11 -- Vetter, a globally operating Contract Development and Manufacturing Organization (CDMO), has announced a significant expansion of its pharmaceutical materials warehouse in Ravensburg, Germany, to meet increasing market demand and support the company's organic growth.

With a further investment of over €150 million, this expansion will add 16,000 pallet spaces to the existing 13,000 pallet spaces for cool storage. After the expansion, Vetter will have a total of 68,000 pallet spaces for various temperature requirements.

Groundbreaking for the warehouse expansion has started in late 2024, with the additional storage space expected to be operational in 2028. The first milestone is expected in the fourth quarter ...