José Chagnon Becomes New Plasticase President and CEO

MONTREAL, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Plasticase Inc. ("Plasticase"), a specialty and protective carrying case products manufacturer, announced that José Chagnon will become the new President and Chief Executive Officer, effective immediately. Jean-Pierre Grenier, the founder, will remain involved and will serve as Chairman.

"I was involved in the selection process of my successor and I am proud that we were able to attract an individual of José Chagnon's caliber. We have accomplished great things since Plasticase was founded over 30 years ago and we all feel confident that José has the experience and track record to guide the Company into its next expansion phase," commented Jean-Pierre Grenier.

"José is a perfect fit to a management team that has remained unchanged since we acquired a majority ownership stake in Plasticase. This continuity is important to us and validates our support for the Company's vision and its business plan for the next phase of its development. We are pleased to be able to continue to benefit from Jean-Pierre's experience and strategic counselling vision going forward," concluded Pierre Fitzgibbon, Managing Partner at Walter Capital.

About Plasticase
Plasticase's mission is to design, engineer and manufacture high quality injection molded plastic cases. It offers a range of protective transport cases for every application in various sizes and colors. Plasticase has the in-house ability to offer custom case solutions and complimentary services to customers in Canada and internationally. The company's line of NANUK waterproof cases are trusted by professionals worldwide to organize, protect and carry instrumentation and equipment in the harshest environments.

About Walter Capital Partners
Walter Capital Partners (Walter Capital) is a private equity firm, part of Walter Financial and the Walter Group of Companies (Walter Group). Walter Capital invests capital and know-how in established small and medium-sized businesses to help accelerate their growth. Drawing on the entrepreneurial values of the Walter Group and the business leadership experience of its Managing Partners, Walter Capital offers solutions that are above and beyond purely financial transactions. Headquartered in Montreal, Walter Capital has a solid international network.