Eurocontrol Technics Ord EUCTF

RE:Eurocontrol Appoints SICPA Representative to the Board

[TradeCraze]

 

TORONTO, ONTARIO--(Marketwired - July 20, 2016) - Eurocontrol Technics Group Inc. (TSX VENTURE:EUO) ("Eurocontrol" or the "Company"), a Canadian public company specializing in the acquisition, development and commercialization of innovative authentication, verification and certification technologies, is pleased to announce that it has appointed Mr. Gilles Leraille, Vice President, Business Development for SICPA to the Company's board of directors.

Gilles Leraille, is the current Vice President, Business Development for SICPA's Government Security Solutions division, a position he has held since 2014, as well as member of the board and CEO of SICPA Global Fluids Integrity SA (SICPA GFI). Prior to joining SICPA, Mr. Leraille held management positions in the banking sector with Banque PARIBAS, West LB Europa Bank as CEO and Country Manager for Turkey and Advisor to the Board of the German parent bank, the Julius Baer banking group, and more recently, as a board member of ES Bankers, Dubai. He has also a number of board member mandates in the industry including ISIKLAR Group, a company involved in the packaging industry and the German group Pichler. 

Bruce Rowlands, Chairman and Chief Executive Officer, stated, "We are pleased to appoint a representative from our major shareholder SICPA Finance S.A. which holds 11,620,000 common shares of Eurocontrol, representing a 12.7% ownership interest. Having worked closely with Gilles on the sale of the Company's former subsidiary, Global Fluids International (GFI) S.A., we are looking forward to his valuable contribution to the Company as the SICPA representative on our board."

Gilles Leraille stated, "This new step will reinforce the partnership character of the acquisition transaction made early 2016 and will help concretize the expected synergies between the two groups."
TORONTO, ONTARIO--(Marketwired - July 20, 2016) - Eurocontrol Technics Group Inc. (TSX VENTURE:EUO) ("Eurocontrol" or the "Company"), a Canadian public company specializing in the acquisition, development and commercialization of innovative authentication, verification and certification technologies, is pleased to announce that it has appointed Mr. Gilles Leraille, Vice President, Business Development for SICPA to the Company's board of directors.

Gilles Leraille, is the current Vice President, Business Development for SICPA's Government Security Solutions division, a position he has held since 2014, as well as member of the board and CEO of SICPA Global Fluids Integrity SA (SICPA GFI). Prior to joining SICPA, Mr. Leraille held management positions in the banking sector with Banque PARIBAS, West LB Europa Bank as CEO and Country Manager for Turkey and Advisor to the Board of the German parent bank, the Julius Baer banking group, and more recently, as a board member of ES Bankers, Dubai. He has also a number of board member mandates in the industry including ISIKLAR Group, a company involved in the packaging industry and the German group Pichler. 

Bruce Rowlands, Chairman and Chief Executive Officer, stated, "We are pleased to appoint a representative from our major shareholder SICPA Finance S.A. which holds 11,620,000 common shares of Eurocontrol, representing a 12.7% ownership interest. Having worked closely with Gilles on the sale of the Company's former subsidiary, Global Fluids International (GFI) S.A., we are looking forward to his valuable contribution to the Company as the SICPA representative on our board."

Gilles Leraille stated, "This new step will reinforce the partnership character of the acquisition transaction made early 2016 and will help concretize the expected synergies between the two groups."