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05-22-2013

Mauser Acquires Canadian Distributor

Mauser Group, Brühl near Cologne, Germany, has expanded its presence in Canada with the acquisition of Armco Industries. Armco is a distributor of industrial packaging and accessories located in Vaudreuil-Dorion, QC, since 1996. As the company expanded, they began to offer clients delivery services in Ontario and Alberta. The company established a network of business partners across Canada to become a leader for the collection of empty industrial containers.

Armco’s facilities in QC and ON will be consolidated into RTQ-NCG’s existing facilities in Mississauga, Ontario and Boucherville, Quebec. The Calgary location will remain in operation and continue operations as RTQ-NCG. This acquisition is in line with Mauser’s ambition to further expand in the Western region of Canada. This will not only afford increased distribution, but a collection point for the Mauser Recollect Program in that area of Canada formally not available.

RTQ-NCG is the Canadian reconditioning division of Mauser Group.

Armco principle Nick Armenti, who becomes a shareholder of RTQ-NCG as part of this transaction, will serve as a consultant while son Andrew Armenti will continue in his position at the Quebec location.

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