US-based promotional products supplier Polyconcept has extended its presence in Europe with a UK acquisition.
The group’s European subsidiary PF Concept International has purchased merchandise vendor SPS. Based in Blackpool, it serves the UK, Ireland and continental markets.
The transaction allows PF to increase its product offering throughout the region and strengthen its position in the UK.
“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,” commented PF CEO Ralf Oster.
SPS CEO Phil Morgan added: “We are delighted to join hands with PF to deliver the best solutions to our customers all over Europe. The two companies complement each other well and we are excited about our future together.”
New Kensington (PA), USA