The French manufacturer of packaging machines has broken the 100 million Euro barrier, largely thanks to the dairy product market.

Specialized in packaging machines for dairy products, detergents and edible oils, Serac has registered a 32% increase in consolidated sales, with a total of 120 million Euros for the 2012-13 financial year. Taking account of the 20% increase already chalked up in the previous financial year, revenue has increased by 60% in two years.