Micro Matic Announces Acquisition of Valpar

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Building on a global manufacturing and sales strategy for the complete draught beer system, Micro Matic acquires Valpar.

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Micro Matic’s strong marketing, innovation and customer focus will ensure the continued future growth for Valpar.

Micro Matic A/S acquired Valpar Industrial Ltd of Northern Ireland. With the acquisition of one of the world’s largest manufacturers of beverage tubes and pythons, Valpar, Micro Matic strengthens its global beverage business significantly. Valpar is a major global supplier to breweries and soft drink producers.

Soren Vilby, Chief Executive Officer of Micro Matic A/S stated, “We know Valpar through many years of fruitful co-operation, and the acquisition of Valpar makes sense to Micro Matic. We take over a healthy, well run and profitable business, and we believe that by using Micro Matic’s strong sales network we can increase the sales considerably.”

John Soler, Managing Director of Micro Matic USA, Inc., stated, “This acquisition is strategically important for us in our future growth plans as it insures an uninterrupted supply of beverage tubing products that are of unparalleled quality within the industry. The hygienic and thermally efficient benefits of Valpar tubing and trunkhousing provides a significant competitive advantage while offering a tremendous value proposition for not only the on-premise operator but all the way through to the customer level.”

The O’Neill Group, former owner of Valpar, looks forward to handing over Valpar to Micro Matic. Pat Dooey, CEO of the O’Neill Group, stated, “Valpar no doubt will prove a perfect fit for the Micro Matic Group, with their already strong presence in the global beverage sector. Micro Matic’s strong marketing, innovation and customer focus will ensure the continued future growth for Valpar."

At Valpar, Managing Director John O’Neill looks forward to becoming a part of Micro Matic A/S. John said, “We see the acquisition as a natural development for Valpar. We already have a strong co-operation with Micro Matic, and together we have a very strong concept and offer a complete solution. At the same time we will continue our considerable focus on development and innovation so that we can continue to offer the best solutions to our customers.”

The management of Valpar will remain unchanged after the acquisition, and the company will continue to manufacture and have its headquarters in Bangor in Northern Ireland, and no doubt it is very much business as usual.

About Valpar Industrial Ltd
Valpar was established in Northern Ireland in 1982 and is an innovative manufacturer of plastic tubes and tube bundles used in the beverage industry and other fluid and gas transfer applications. Valpar was the first company to produce machine made pythons which help maintain beer and soft drinks at low temperatures. Valpar python beer tubes also protect the taste of the beer to maintain the optimum taste and freshness while it flows through the tube. The company employs 78 people. The group’s products are manufactured in Northern Ireland, and they are sold worldwide. See http://www.valpar.co.uk for additional information.

About The O’Neill Group
The O’Neill Group of Companies is a diversified engineering business, manufacturing and selling its products into the mining and construction sectors. The Group currently has 350 employees based throughout UK, Ireland, USA, India and China manufacturing operations.

About Micro Matic A/S
Micro Matic A/S is the parent company for a conglomerate with a combined revenue of almost 400 BN USD, with approximately 1,700 global employees. The group’s products are manufactured in Denmark, United States, China, United Kingdom, Lithuania, France, Germany, Poland and Mexico. Local presence and a longstanding collaboration with a network of business connections enable Micro Matic A/S to cover nearly all parts of the world. See http://www.micro-matic.com for additional information.

About Micro Matic USA, Inc.
Micro Matic is the world’s leading manufacturer and supplier of keg valves and dispensing equipment in over 120 countries. Serving the U.S. market from four fully stocked regional warehouses staffed with knowledgeable personnel. Micro Matic also operates the Dispense Institute where field-trained instructors conduct hands-on draft beer dispensing courses, as well as on-site workshops. In addition, the company website offers a wealth of dispensing information “white pages” along with interactive video presentations.

U.S. Company Information:
Micro Matic USA, Inc.
2386 Simon Court, Brooksville, FL 34604 USA
Phone: 352-544-1081
For more information about Micro Matic, visit http://www.micromatic.com or contact a Micro Matic sales representative by calling (866) 327-4159.

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Mike Godwin
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