Vanguard Plastics Ltd. (VPL) announces the acquisition of Primex Manufacturing Ltd. (August 2008)

Vanguard Plastics Ltd. (VPL) announces the acquisition of Primex Manufacturing Ltd. (August 2008)

Calgary, Alberta

TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce the acquisition of Primex Manufacturing Ltd. (“Primex”) by Vanguard Plastics Ltd. (“Vanguard”), a TriWest Fund II portfolio company, solidifying Vanguard’s market position as a value-added supplier selling primarily to the construction materials industry.

About Vanguard and Primex

Vanguard is a plastic injection molding company with a 30-year history. It is a leading manufacturer of fenestration, shelf supports and plastic handled shopping baskets. Through a previous acquisition, Premo Plastics Ltd., Vanguard also added plastic medicine vials, nursery potting containers and aerial ignition equipment and devices, which broadened their portfolio of products

The acquisition of Primex will provide Vanguard with increased capacity, additional patents and ownership of a well-recognized brand in the telecommunications and construction industries. Throughout its 34-year history, Primex has designed, developed and manufactured a broad selection of products including telecom enclosures, modular jacks, wire management and accessories.

About TriWest

Founded in 1998, TriWest is one of Canada’s leading private equity firms. It is entrepreneurial, independent and based in Western Canada. TriWest makes significant equity investments in profitable companies and works in partnership with management to create opportunities for further cialis growth and superior financial returns.

For more information, please contact:

Jeff Belford, Managing Director
Cody Church, Managing Director
Lorne Jacobson, Managing Director
Kevin Jenkins, Managing Director

TriWest Capital Partners
(403) 225-1144