Precision Engineered Products, LLC (PEP) announces the establishment of its new European sales office, PEP-Euro.
ATTLEBORO, Massachusetts — Feb. 3, 2010 — Located in Hellendoorn, The Netherlands, this office will provide an on-site presence in the European market and will be the focal point of PEP’s marketing and sales activities throughout Europe. This further supports PEP’s global strategy of serving its customers’ needs at the local level.
Commenting on the launch of PEP-Euro, PEP's President and Chief Executive Officer, Alan Huffenus said ... "We look forward to expanding our global activities by establishing a sales platform in Europe. It will provide an opportunity to showcase our unique products that offer customers competitive and technological advantages in the medical and energy management markets. With our business already growing rapidly in the Americas and Asia, a logical next step is to expand our activity into the European market."
PEP, headquartered in Attleboro, Massachusetts, is a global manufacturer of highly engineered precision metal and plastic components, materials and surface finishing technologies for use in medical, energy control & distribution and other demanding technical applications. With manufacturing operations in the US, Mexico and China, PEP is a portfolio company of Nautic Partners, LLC ("Nautic") of Providence, Rhode Island. Founded in 1986, Nautic is a middle-market private equity firm with over $2.3 billion of equity capital under management.