RIVIÈRE-DU-LOUP, QC, March 11, 2013 /CNW Telbec/ – Premier Tech is
pleased to announce the acquisition of its partner Falienor, French
leader in the formulation of growing media whose head office is located
in Vivy, France.

With this acquisition, Premier Tech integrates the renowned expertise of
some 110 skilled team members to its European team which is now close
to 450. This transaction allows Premier Tech to increase its global
presence in Europe, and its Horticultural and Agricultural Group to
internationalize its activities beyond North America. While Falienor
will continue to operate on the professional growers and nurseries
market in France, it will also collaborate with Premier Tech on the
deployment of various natural active ingredients (growth stimulants and
biological control agents) for the specialized crops and large crops
markets.

In business for over 50 years, Falienor is a French leader in the plant
industry. This expert in custom-made growing media now leads the
competition with its growth strategy based on innovation, communication
and customer service. With its 1 000 formulations worked from
40 different raw materials, Falienor has a real expertise in mixes, and
is thus an essential partner for professionals in the plant sector.

This acquisition adds to the four transactions Premier Tech concluded in
the last twelve months and allows the company to continue strengthening
and improving its presence in its various markets. All these
acquisitions aim at bettering its commercial offers as well as its
strategic and technological positioning.

Corporate profile
For 90 years, Premier Tech has been building 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
2 500 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