Telko to represent ENGEL in Baltic countries

ASPO Plc/Telko Ltd           PRESS RELEASE             September 30, 2015

Telko to represent ENGEL in Baltic countries

From September 2015 Telko Ltd, part of Aspo Group, has represented ENGEL AUSTRIA in the Baltic countries. Telko sells ENGEL's injection moulding machines and system solutions to its plastic processing clients. In addition to sales activities Telko will provide spare parts and maintenance services to customers.

Telko has operated in the Baltic countries for 20 years and its local offices located in Estonia, Latvia and Lithuania serve the customers in the regions with high efficiency and speed. Telko is strengthening its organization with additional technical and commercial personnel.

Telko represents several leading plastic raw material producers with an extensive product portfolio. Telko customers include the packaging, construction, electronics and electricity industries as well as companies manufacturing plastic parts for consumer products.

"Telko is very excited to represent the world class machinery producer ENGEL. We believe the high-performance, energy efficient ENGEL products combined with our market experience, customer intimacy and product offering will prove to add high value to Baltic injection moulding companies", comments Kalle Kettunen, Managing Director of Telko.

Further information: Kalle Kettunen, Managing Director, Telko Ltd, tel.: +358 9 521 7201 kalle.kettunen(a)telko.com

Telko is an international expert and distributor of plastics raw materials and industrial chemicals seeking growth, especially in the emerging markets of the East. In 2014, Telko's net sales were EUR 227 million. The company operates in 17 countries. Telko is one of Aspo Group's strong corporate brands. www.telko.com

ENGEL is as a single brand the world's biggest producer of injection moulding machines. Since it was founded in 1945, ENGEL has been 100 percent family-owned. Stable, reliable and financially robust, ENGEL is the right partner for a long-term, global business relationship. http://www.engelglobal.com/en/fi

Aspo is a conglomerate that owns and develops businesses in Northern Europe and growth markets focusing on demanding B-to-B customers. The aim of our strong corporate brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - is to be the market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these. Together they generate Aspo's goodwill. www.aspo.com