Premier Tech Kicks Off the New Year with Another Acquisition

RIVIÈRE-DU-LOUP, QC, Jan. 15, 2019 /CNW Telbec/ - Premier Tech is pleased to announce the acquisition of TerreauxSTAR through its Business Unit Premier Tech Horticulture France. Located in Forges, western France, this company is a lead player in the production of growing media intended for professional markets.

Leveraging nearly 30 years of expertise, TerreauxSTAR has built its success by offering sustainable, high-efficiency and innovative solutions. Much like Premier Tech, the company is committed to their clients' success and thrives from high-quality supplies of raw material and a rigorous production process.

Premier Tech Horticulture France (PTHF) is a world leader in the production of growing media and organic materials for professional markets, tree nurseries and communities of France. This acquisition is an opportunity to reaffirm PTHF's position in its historical markets of floriculture and tree nurseries by strengthening its offers and services among horticulturists and tree nursery owners. Premier Tech integrates the renowned expertise of some fifteen skilled team members to its European team which is now close to 900.

"This acquisition consolidates our presence in the markets of horticulture in France and Europe. At Premier Tech, we are constantly seeking new strategic skills and manufacturing platforms in order to increase our ability to accompany our clients by offering logistic and commercial solutions perfectly in sync with their reality," explains Jean Bélanger, President and Chief Operating Officer at Premier Tech.

About Premier Tech
Premier Tech has been growing its leadership position globally for more than 95 years, driven by the collective power of its 4 500 team members in 26 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 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, visit www.premiertech.com and twitter.com/_PremierTech

SOURCE Premier Tech ltée