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PLP ANNOUNCES ACQUISITION OF HOLPLAST, S.R.O.

Published: 2022-03-01 15:00:00 ET

CLEVELAND, March 1, 2022 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired HOLPLAST, s.r.o., based in Prostějov, Czech Republic.

"The acquisition of HOLPLAST further strengthens PLP's manufacturing capability to support the increasing global demand for our communications products. Their talented team of employees has a long history of producing high-quality molded components for a demanding customer base and will enhance PLP's existing EMEA operations," stated PLP's Chief Executive Officer and President Rob Ruhlman.

ABOUT PLP

PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in over 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.

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SOURCE Preformed Line Products

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.