Acquisition of Penny UK by Power Plastics

As part of Rutec Group, Power Plastics announces that Penny UK is now part of their group.  

Just like Power Plastics, Penny UK is a technical wholesaler in the field of irrigation, locally oriented to the UK market. "By acting now, we anticipate a rapidly changing international market, in which it has become clear that there is a greater need for local contacts worldwide," says Maurice di Stefano with Power Plastics. 

"In addition, the UK market has real potential right now, particularly with the great team we now have in the UK, which will be continued to be led by Stewart Penny. In this way, we can strengthen our position with Penny UK immediately in a targeted manner. Understanding better the local needs means we can add this focus and build a network of customers throughout the country."

The variety of ingredients that Penny UK, just like Power Plastics, offers is the basis for success in this market. "By adding Dutch technical greenhouse knowledge, experience and ingredients, we will have to strengthen and complete the picture to the outside world. Power Plastics is expanding step by step so that we can also play a significant role locally," Maurice concludes.