RIVIÈRE-DU-LOUP, QC, Dec. 1, 2015 /CNW Telbec/ - Premier Tech is pleased to announce its acquisition of the assets and commercial activities of Smurfit Kappa Comptoir du Pin's Tree Bark Division. For more than 55 years, this subsidiary of the Irish Smurfit Kappa Group has been a strong player in the decorative and composted tree bark segments.
Smurfit Kappa Comptoir du Pin's Tree Bark Division, located in Aubigné-Racan, France, processes and bags various tree bark-based products mostly distributed on the French consumer and professional horticulture markets. Processing and selling an annual average of 150 000 cubic meters of bark, this ten-people division will be integrated into Premier Tech Falienor (PTFF), a Premier Tech Business Unit based in Vivy, France. Recognized in its industry for its organic growing media and products for horticulture professionals, nurseries and local authorities, PTFF will thus be adding to its expertise a strong industrial knowledge of bark-based products, leading to a greater quality and diversity of its commercial offer.
"This transaction perfectly aligns with Premier Tech's strategic vision on external growth. With our many recent acquisitions on European territory, it reinforces our commitment towards an international growth supported by the power of our 300-people French team," explains Mr. Jean Bélanger, president and chief operating officer, Premier Tech.
Premier Tech has been growing its leadership position globally for more than 90 years, driven by the collective power of its 3 250 team members in 23 countries. Leveraging its human capital as well as a deeply rooted Culture revolving around innovation and excellence, Premier Tech focuses its efforts in three core industries: Horticulture and Agriculture – greenhouse production, agriculture, and lawn and garden; Industrial Equipment – rigid and flexible packaging, material handling, and palletizing; and Environmental Technologies – wastewater treatment and rainwater harvesting. Committed to the long-term success of its clients, Premier Tech today records sales of 600 million dollars, backed by a strong manufacturing and commercial expertise, a far-reaching entrepreneurial approach and a quarter century-long track record of solid growth.
SOURCE Premier Tech
For further information: France Bégin Parent, Public Relations Director, Premier Tech, 418 867-8883, ext. 6059, [email protected]