PM-International saw record-breaking attendance at its annual World Management Congress, where more than 3,300 attendees from 45 countries and six continents met in Berlin for two days of networking, celebration, education and company announcements.
During his keynote, PM-International CEO and Founder Rolf Sorg unveiled the company’s next milestone, Go5, which sets the goal to reach $5 billion in sales by the end of 2026 and a top five ranking within the industry. To aid in this initiative, the company will be investing $26 million into its distribution partner network and $42 million over the next three years into its infrastructure, including the company’s new administration buildings in Luxembourg and Germany, as well as its land acquisition in Florida to upgrade its current Headquarters Americas.
The company also announced a $21 million investment in its entrance into the market in China, as well as planned expansions in Hungary, Czech Republic, Romania and Kazakhstan, and an $8 million investment in an upcoming digital transformation.
“PM-International has become a global player in the industry, and we are well-positioned for the future,” Sorg said. “Our distribution partners are becoming younger and younger, with an average age that went down from 50.7 to 47.5 years over the last 5 years. This is a great development, and we embrace innovation and digital transformation to match the needs and demographics of our customers and distribution partners.”
