News | June 7, 2004

Supreme Corq, Inc. To Be Acquired By Graham Partners

SEATTLE - Supreme Corq Inc, the recognized world leader for the production and distribution of premium synthetic closures used for sealing fine wines and spirits, is pleased to announce that it has been acquired by Graham Partners of suburban Philadelphia, PA.

After twelve years of global operations, Supreme Corq has achieved extraordinary growth in the production and commercialization of precision injection-molded closures for the wine and spirits industries. The acquisition by Graham Partners will allow Supreme Corq to enhance and accelerate their production, product development, and service levels to customers worldwide.

"This acquisition will allow Supreme Corq and our customers to benefit from the experience and expertise of Graham Partners who have a significant history of adding-value through strategic focus, an emphasis on continued technological development, and enhanced operational performance," explains Bob Anderson, President, and CEO of Supreme Corq, Inc. "Supreme Corq will now have fortified operational, financial and technical resources required to accelerate our product portfolio and geographic expansion." Anderson adds, "The transaction should be seamless to employees, customers, and vendors."

Joe May, Managing Principal at Graham Partners, stated, "Supreme Corq has a great brand name, global management team, and proprietary products and processes supported by a portfolio of U.S. and International patents. Our heritage and expertise of growing leading plastics packaging companies are excellent resources to bring to Supreme Corq."

About Supreme Corq
Supreme Corq is the world's largest supplier and premium manufacturer of wine and spirits closures, supplying more than 1,200 wineries and distilleries worldwide, since 1992. Supreme Corq's proprietary materials and processes allow it to offer 2 sizes of driven corqs (38 mm and 45 mm) and a T-Top ("pull corq") closure to customers in over 30 countries. The Supreme Corq closure is sold directly by regional sales managers, distributors, and agents throughout the world. Supreme Corq has manufacturing and warehouse facilities in the United States, Belgium, Chile, and South Africa. Supreme Corq is the only ISO 9001:2000, BRC (British Retail Consortium), and AIB (American Institute of Baking) quality certified synthetic corq supplier in the world. (www.supremecorq.com)

About Graham Partners
Graham Partners is a private investment firm based in suburban Philadelphia. Graham Partners is an investment affiliate of the privately held Graham Group of York, Pennsylvania, an industrial and investment concern with global interest in plastics, packaging, machinery, building products and outsource manufacturing. Graham Partners acquires industrial companies in manufacturing niches where it can leverage its unique combination of operating resources and financial expertise.

Source: Supreme Corq, Inc.