NL – PF Concept has taken over the British promotional products supplier and manufacturer, SPS, which is based in Blackpool. According to a press release published on December 4, 2017 by the American parent company, Polyconcept, PF Concept has acquired the entire share capital of SPS. Further details of the take-over were not announced.
With the acquisition PF Concept is expanding its spectrum of products in Europe and is thus reinforcing its market position in Great Britain. “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,” stated Ralf Oster, CEO of PF Concept. The CEO of SPS 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.”