RM2 International SA Significant new agreement (4048M)
October 13 2016 - 2:00AM
UK Regulatory
TIDMRM2
RNS Number : 4048M
RM2 International SA
13 October 2016
13 October 2016
RM2 International S.A.
Significant new agreement
RM2 (LSE-AIM: RM2), the sustainable composite pallet innovator,
is pleased to announce that it has received a commitment from a
global leader in temperature-controlled warehousing and logistics
to the food industry, for the deployment of RM2 pallets and
management of the company's pallet pool. The deployment of pallets
will start immediately and based upon the success of the initial
locations, the business is projected to encompass the company's
North American network. It is anticipated that the agreement will
require over 200,000 pallets.
John Walsh, CEO of RM2, commented: "When we announced the
manufacturing agreement with Jabil in September this year, we noted
that there were a number of deals under negotiation. Today's
agreement is the first of these announcements and is a significant
agreement with a major corporation further demonstrating the
effectiveness of RM2's innovative pallets across different industry
sectors. We have worked with our client for several months and have
been able to demonstrate the value that RM2's pallets can bring in
an important sector for us."
+44 (0)20 8820
RM2 International S.A. 1412
John Walsh, Chief Executive
Officer
Jean-Francois Blouvac, Chief
Financial Officer
+44 (0)20 7653
RBC Capital Markets 4000
Tristan Lovegrove
Jonathan Hardy
Ema Jakasovic
+44 (0)20 7638
Citigate Dewe Rogerson 9571
Simon Rigby
Rob Newman
Ellen Wilton
Notes to Editors
RM2 International S.A. specialises in pallet development,
manufacture, supply and management to establish a leading presence
in global pallet supply and improve the supply chain of
manufacturing and distribution businesses through the effective and
efficient use and management of composite pallets. It is quoted on
the AIM market of the London Stock Exchange under the symbol
RM2.L.
For further information, please visit www.rm2.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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