Plasticase to Expand European Presence with Acquisition of Netherlands Distributor


MONTREAL, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Plasticase Inc. (“Plasticase” or “Company”), a specialty and protective carrying case products manufacturer, is pleased to announce that  its European Subsididary, Nanuk Europe EU B.V., has acquired the protective case assets of Vakfoto Technifo B.V., a Netherlands-based exclusive distributor of Plasticase products in Europe for over a decade.

“The European market presents significant growth opportunities for Nanuk. This acquisition will maximize our potential abroad, establishing for Nanuk Europe a local sales and customer services team with extensive expertise and networks in the European market, as well as a well located distribution center. We are also pleased to have the founder and owner of Vakfoto Technifo, Herman Vaszlovszky, remain with us as our Managing Director of Europe. This transaction will no doubt help us grow in Europe, enhance customer service, improve our product distribution capabilities and take advantage of the CETA trade agreement,” stated José Chagnon, President and Chief Executive Officer.

“We are also proud to announce a product line extension of the NANUK waterproof and impact resistant protective cases rated for law enforcement and professional users with the launch of 8 new sizes in 2019. With these new products, the NANUK collection will cover the full spectrum of customer needs,” concluded Mr. Chagnon.

“As the major financial partner of Plasticase, Walter Capital Partners is pleased  to see the company expanding its presence in Europe to take advantage of the significant growth opportunities available in the region,” said Mr. Sam Ramadori, Managing Partner, Walter Capital Partners.

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. For more information go to: www.plasticase.com

Contact:
José Chagnon
President & CEO          
Plasticase Inc.                                     
(450) 628-1006, ext. 224                        
1-800-783-6883, ext. 224

Herman Vaszlovszky
Managing Director, Nanuk EU Europe B.V.
Burgemeester J.G. Legroweg 96, 9761 TD Eelde
T +31 50 3128 694  F +31 50 5250 511