Le Lézard
Classified in: Science and technology, Business
Subject: TNM

A First Digital Acquisition for Premier Tech


RIVIÈRE-DU-LOUP, QC, Sept. 19, 2018 /CNW Telbec/ - Premier Tech is pleased to announce that it is pursuing its foray into digital with the acquisition of Manevco Management Inc. of Bromont, Quebec. Active in Quebec and the United States as well as in Europe, North Africa, and Asia, Manevco has specialized for more than 10 years in the design and rollout of Industrial Internet of Things (IIoT)?type connected solutions through the implementation of manufacturing execution systems (MES). MES are used in factories to monitor and document in real time the transformation of raw materials into finished products. They help improve productivity, optimize the use of manufacturing capacity, and reduce inventories and waste.

Premier Tech and Manevco share a common vision: developing sustainable and transformative solutions that help their clients win. This acquisition will support accelerated growth and open the door to new business offerings and experiences for Premier Tech clients via smart, connected, integrated solutions. Some 25 people will bring their experience and know-how to the Premier Tech Team, which is present in 25 countries.

"Our strategic plan for 2023 identifies digital opportunities as central to Premier Tech's future. This acquisition is a big part of the actions and strategies that will ensure our success in this regard," said Jean Bélanger, president and chief operating officer of Premier Tech. "Manevco is in addition to our recent creation of the Premier Tech Digital Business Unit and will drive the digital transformation of our products and offerings in our various businesses and market segments."

About Premier Tech

Premier Tech has been growing its leadership position globally for 95 years, driven by the collective power of its 4 500 team members in 25 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, Industrial Equipment and Environmental Technologies. Committed to the long?term success of its clients, the company today records sales of nearly 800 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. To learn more about Premier Tech, go to www.premiertech.com or follow us at twitter.com/_premiertech.

 

SOURCE Premier Tech


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