Pergo Expands Relationship with Sam’s Club
Trelleborg, Sweden, December 18, 2006--Pergo AB said it has entered into a supply agreement with Sam’s Club Mexico, making Pergo the sole supplier of laminate flooring and accessories. The agreement represents a significant expansion of Pergo’s and Sam’s Club commercial relationship. Under the agreement Pergo will be the sole supplier of in-stock laminate flooring and accessories for all 77 Sam’s Clubs in Mexico, starting early 2007. Also starting in February 2007, Pergo will be conducting a major market test with an expanded flooring program for Sam’s Club in the United States. Sam’s Club, a division of Wal-Mart, is the largest U.S. warehouse club with more than 49 million members in the United States. The chain has more than 570 Clubs in the U.S., and more than 100 international locations in Brazil, Canada, China, Mexico and Puerto Rico. Tony Sturrus, CEO of Pergo, commented: “Pergo is pleased to extend its collaboration with Sam’s Club. The business relationship between the companies started in 2005 and now offers us significant growth opportunities for 2007. The new agreement with Sam’s Club is an excellent business opportunity and gives us a chance to strengthen the overall relationship between Sam’s Club and Pergo. This development is consistent with the company’s goal of diversifying and expanding its business into different market channels and segments.”
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