Premier Tech Now in South America


RIVIÈRE-DU-LOUP, QC, – Premier Tech is pleased to announce its entry on the South American market following the acquisition of Almeida Martins by its Industrial Equipment Group. For more than 20 years, this Brazilian company located in Jundiaí, São Paulo has achieved great business success relying on high-end technological expertise in the development of packaging and material handling systems.



With this new acquisition, Premier Tech will be integrating the experience and know-how of over fifty people, thus bringing the total number of its team members in the Americas to 1 700. In line with Premier Tech's Industrial Equipment Group other global Business Units, Almeida Martins will now be conducting its material handling and rigid packaging activities under the name Premier Tech Chronos. This 20(th) acquisition for Premier Tech since the beginning of 2008 marks the accentuation of the company's market penetration in Latin America.



Strongly implanted in Europe and North America, Premier Tech thus lays the groundwork for its expansion into emerging countries. "This acquisition is fully aligned with Premier Tech's strategic Vision," said Jean Bélanger, President and Chief Operating Officer of Premier Tech. "It will allow us to establish a beachhead in new territory, thus intensifying our global presence in the Americas."



Corporate Profile

Since 1923, Premier Tech has built its know-how and reputation on the expertise and synergy of its three Groups - Horticulture and Agriculture, Industrial Equipment and Environmental Technologies. They have one mission: to become technological and commercial leaders in their respective industries. Driven by a multidisciplinary team of over 3 000 people located in the Americas, Europe and Asia, Premier Tech focuses on the development of its team members, on Innovation, and on the introduction of value-added products and services to support its long-term growth.



SOURCE Premier Tech



CONTACT: France Bégin Parent, Public Relations Supervisor, Premier Tech Limited, 418 867-8883, ext. 6059, communications@premiertech.com



Web Site: www.premiertech.com

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