Irish company Rennicks signs multi million euro agreement with Uniplate Group in South Africa
Minister O’Sullivan leads Enterprise Ireland trade missionof 28 companies to South Africa
Rennicks Group has today (Wednesday 9 November 2011) announced the signing of a multi million euro agreement with Uniplate Group in South Africa for the supply by Rennicks of vehicle licence plate materials to Uniplate Group Pty to be marketed throughout the Sub-Saharan region. The signing incorporates the renewal of the Supply Agreement for 2012 worth €1.8 million and the signing of a new Five Year Distribution Agreement for €9.1 million million over the term of the agreement. Uniplate is the largest number plate company south of the equator in Africa.
The announcement was made during this week’s Enterprise Ireland trade mission to South Africa that marks a major drive to increase the scale of Irish exports to South Africa and the wider Sub-Saharan region. It is being led by the Minister for Trade and Development, Jan O’Sullivan TD.
Based in Mulhuddart, Dublin, Rennicks services the road infrastructure market and vehicle licence plate market in Ireland, Britain and South Africa. With close on thirty years’ experience, Rennicks is a leader in increased safety for road users by providing its customers with innovative turnkey solutions, durable traffic signs and traffic management products.
Uniplate South Africa, with its head office in Johannesburg and factory in Pretoria, was established in 1957 and has been the leader in the number plate market for the past 46 years.
Welcoming the announcement Minister O’Sullivan said: ‘This is a prestige relationship for Rennicks, given the fact that Uniplate South Africa is the largest number plate company south of the equator in Africa and has been the innovative and professional leader in the number plate market in the region for almost half a century. The company’s commitment to continuous innovation and investment in new products can be seen in its ever-increasing range of signage solutions. This is another major win for an ambitious outward-focussed Irish company and their success in this market shows what can be achieved with their commitment to a global operation providing the highest standards of excellence’.
Michael Flanagan, Group Managing Director, Rennicks, said: ‘We are very pleased to have concluded this 5 Year Supply Agreement and Contract with Uniplate Group. Following the completion of the inter urban Roads Network in Ireland by the National Roads Authority at the end of 2010, we have to expand our international search for additional new business. We envisage that our relationship with Uniplate Group in Johannesburg will be the springboard and channel for further business development in sub Saharan Africa and we also acknowledge Enterprise Ireland for their assistance and support in opening up this new opportunity for Rennicks Group’.
EnterpriseIreland’s Head of International Sales and Partnering, Kevin Sherry, who is accompanying Minister O’Sullivan on the Enterprise Ireland Trade Mission said: ‘South Africa is a very important high growth market for Irish exports. As the regional economic powerhouse in Sub-Saharan Africa, it offers tremendous potential. The 28 companies taking part in the trade mission confirm the diverse range of opportunities for ambitious and innovative companies. Enterprise Ireland is working with Irish companies in the region to strengthen their business links, develop strategic partnerships and win new business contracts. This trade mission is a critical activity in supporting them to expand their market presence’.
Rennicks was established in 1976 and is a wholly owned subsidiary of Fitzwilton Limited, the investment holding company controlled by the O’Reilly and Goulandris families. The Group currently has approximately 100 employees and services the road infrastructure market and vehicle licence plate market in Ireland, Britain and South Africa. Based in Mulhuddart in a facility of approximately 100,000 square feet their products include a full range of Warning & Regulatory signs, Directional, Information and Tourist signs, Temporary Signs, Variable Message Signs, galvanised steel poles and related traffic safety products. Services provided include Traffic Management, Database creation, Sign Refurbishment, Hedge & Foliage Removal and the installation of its products. Rennicks also supply Car Licence Plate materials into the UK and SA markets.
In Ireland the customer base includes the National Road Authority, Local Authorities and County Councils, Civil Engineering Contractors and the Business to Business sector.
Uniplate South Africa is the largest Number Plate Company south of the equator in Africa with its head office in Johannesburg and factory in Pretoria, South Africa. Uniplate South Africa was established in 1957 and has been the leader in the number plate market for the past 46 years. The company prides itself on being innovative and professional in the industry. They operate their business through their own branches situated in Cape Town, Port Elizabeth, Durban, Pretoria and Johannesburg. The company employs in an excess of 210 personnel.
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