PF Concept has acquired the entire share capital of Blackpool-based SPS, a leading manufacturer and marketer of promotional products.
SPS serves the UK, Irish and European markets and with this acquisition PF Concept will expand its product offering throughout Europe, as well as strengthen its market position in the UK.
Ralf Oster, CEO of PF, said: “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.”
Phil Morgan, CEO of SPS, 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.”