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Premier Tech Acquires VonGAL Corporation

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Premier Tech, Ltd.
1 Avenue Premier
Riviere-du-Loup, QC, G5R6C1
USA



Press release date: July 10, 2012

Premier Tech is pleased to announce the acquisition of the vonGAL Corporation, as of June 29, 2012. Located in Montgomery, Alabama, U.S., vonGAL delivers quality, reliable, and high-performance conventional palletizer solutions to diversified industries, including baking, bottling, brewing, paint, pet food, and publishing.

With this acquisition, Premier Tech's Industrial Equipment Group (IEG) integrates the renowned expertise of some 80 skilled team members to its existing team of 500 people. This transaction also strengthens IEG's position as a North American leader in the field of rigid packaging. Already involved at many levels with end-of-line applications for Robotic Picking, Packing and Palletizing and load securing (stretch wrapping and hooding), this move adds another leg to IEG's commercial offering to the marketplace. This second manufacturing facility in the U.S. adds to the existing four plants IEG has in North America.

Founded in 1957, the vonGAL Corporation is backed by a long and respected material handling legacy offering decades of systems solutions, software quality, unmatched experience, exceptional technology and financial strength. As vonGAL's culture and business philosophy is a perfect match with Premier Tech's own Culture and approach to the market, it will clearly expand IEG's commercial offer.

"This acquisition is in line with Premier Tech's five-year strategic planning which aims at increasing its market penetration in its various segments and territories, while increasing its capabilities in terms of project scope and support to its customer base," said Jean Bélanger, President and Chief Operating Officer of Premier Tech.

For more information, visit IEG's website at www.premiertechieg.com and vonGAL's web site at www.vongal.com.

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