MGL 0.00% 0.0¢ mercer group limited

Ann: GENERAL: MGL: Mercer Group Ltd gains distrib

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    • Release Date: 23/03/12 11:58
    • Summary: GENERAL: MGL: Mercer Group Ltd gains distribution rights for Wilsonart
    • Price Sensitive: No
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    MGL
    23/03/2012 09:58
    GENERAL
    
    REL: 0958 HRS Mercer Group Limited
    
    GENERAL: MGL: Mercer Group Ltd gains distribution rights for Wilsonart
    
    NZX Release
    
    Friday, March 23, 2012
    
    Mercer Group Limited gains distribution rights for Wilsonart in New Zealand
    
    Rodger Shepherd, chief executive of Mercer Group Limited ('Mercer'), said he
    is delighted to announce that Mercer has negotiated the exclusive rights to
    supply Wilsonart laminate and adhesive products into the NZ market, effective
    30th April 2012.
    
    "When we combine our existing laminate sales with that of Wilsonart, we
    expect to supply at least 20% of the laminate market in New Zealand, up from
    around 6% currently.  We believe this will considerably boost our earnings in
    the 2012/13 financial year" he said.
    
    Wilsonart is the No. 1 laminate brand in the United States and one of the
    leading brands worldwide, offering a superior quality and wide choice of over
    200 different decorations for use in both residential and commercial
    kitchens, bathrooms, shopfittings and office fitouts.
    
    Mercer's existing range of Bisonne laminates will be slowly phased out and
    replaced with Wilsonart.  Mercer will continue to sell its fast growing solid
    surface product, Borelli.
    
    Background
    Mercer is structured into a number of business units.
    Mercer Stainless is a designer and fabricator of stainless steel and
    associated equipment for the industrial, dairy, processing, domestic and
    commercial sectors, produced from two large facilities in Christchurch and
    New Plymouth.
    Mercer Kitchens is a designer, manufacturer and distributor of a range of
    kitchen, bathroom and laundry products.Mercer has a modern, state-of-the-art
    deep draw steel Pressing and Polishing manufacturing facility for producing
    customers own brand, out sourced products.
    Mercer Medical is a designer, manufacturer, importer, distributor and service
    provider of infection control and sterilisation services to healthcare
    providers in both the public and private sectors, laboratories and the Armed
    Forces.
    
    Further information:  Rodger Shepherd, CEO Mercer Group, ph 09-836-9778.
    End CA:00221076 For:MGL    Type:GENERAL    Time:2012-03-23 09:58:07
    				
 
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