Polyconcept's UK Subsidiary Acquires SPS Limited
Polyconcept North America, New Kensington, Pa., announced today the acquisition by its European subsidiary, PF Concept International B.V. of the entire share capital of SPS Limited (SPS). Based in Blackpool, U.K., SPS is a leading manufacturer and marketer of promotional products serving the U.K., Ireland and Europe markets.
With this transaction, PF Concept expands its product offering throughout Europe and strengthens its market position in the U.K.
“We are excited about the growth opportunities that the SPS product line and production capabilities bring to PF and we welcome the SPS team to the Polyconcept family,” said Ralf Oster, CEO of PF.
“We are delighted to join hands with PF to deliver the best solutions to our customers all over Europe," said Phil Morgan, CEO of SPS. "The two companies complement each other well and we are excited about our future together."
For more information on Polyconcept North America, visit www.pcna.com.