Perlen Packaging AG acquired the remaining 40 % of the capital of Perlen Packaging Anápolis Indústria e Comércio Ltda., Anápolis, State of Goia (Brazil) on 4 December 2020, and now wholly owns the company. The consideration amounted to CHF 1.6 million, of which CHF 0.3 million was accounted for in minority interest and CHF 1.3 million in goodwill.

The CPH Group acquired no business activities in 2019.