Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Pacific Market International (PMI) of Seattle has acquired Aladdin South America, including two ISO-9001 certified manufacturing plants in Brazil, where it intends to manufacture Stanley-, Aladdin- and Migo-branded thermoses and other food and beverage containers.
Effective immediately, Aladdin South America will operate under the corporate entity of PMI South America as a brand-marketing, product innovation company that manufactures in Brazil.
Aladdin South America, with headquarters in Rio de Janeiro, was established in 1938 and is the number one brand of insulated vacuum bottles in Brazil. With two ISO 9001 manufacturing facilities in Brazil, Aladdin South America will expand its operations to accommodate new products and brands from PMI specifically Stanley and Migo.
The Stanley brand is the leading outdoor/sporting goods brand in food and beverage containers, while Migo is the fastest growing brand in this space in the China/Asia Pacific market. In addition, the Aladdin product lines developed for EMEA, North America and China/Asia Pacific will be available to customers and consumers in the critically important Latin American market. The acquisition gives PMI global rights to the Aladdin brand.
“The combination of the highly dedicated team of professionals at PMI South America and PMI’s Aladdin, Stanley and Migo brands will provide powerful merchandising solutions for retailers and offer exciting new innovative products to consumers never before seen in the South American market” says Rob Harris, President and CEO of PMI. “This acquisition opens the South American market for PMI and allows us to partner with a strong team with significant distribution and manufacturing capabilities in market.”
“Throughout our 76 years of ownership of the Aladdin brand we have seen many achievements and overcome many obstacles. We want to thank the former shareholders, especially the members of the Agostini family, for their legacy that was passed on and that will live on in our future. We look forward to this new journey,” said Alberto Jasmim, President of PMI South America.
Founded in 1983, by Rob Harris, and guided by principles of sustainability, community and integrity, PMI manufactures, markets, and designs innovative food and beverage container solutions under three brands. Its two most recognizable brands, Stanley and Aladdin, are both over 100 years old and sold throughout the world. PMI extends these beloved brands into the future while remaining rooted in their past. Their newest brand Migo was founded in 1999 and is rapidly growing in the Asia Pacific region. PMI also has a private label business called Specialty Coffee that serves private label business throughout the world.
PMI’s corporate headquarters are in Seattle. North America product development, marketing and sales for the Aladdin and Stanley brands operate out of the Seattle location and PMI also has design, engineering, quality, sales and merchandising operations in Shanghai, China for the China and Asia Pacific markets. In addition PMI owns an injection molding facility in Dongguan China. It has sales offices throughout the USA, Europe and now Brazil. PMI products have been to the top of Mount Everest, are frequently viewed on popular television shows and movies, and can be found associated with movie stars around the world. When discerning consumers want the best, they seek out the brands of PMI.
