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PF Concept International B.V. Acquires UK-Based SPS (EU) Limited
Acquisition Strengthens PF Concept’s Presence in European Market
New Kensington, PA – December 4, 2017 — Polyconcept, a global leader in the promotional products industry, announced today the acquisition by its European subsidiary, PF Concept International B.V. (PF) of the entire share capital of SPS (EU) Limited (SPS). Based in Blackpool, UK, SPS is a leading manufacturer and marketer of promotional products serving the UK, Ireland and Europe markets.
PF Concept is Europe’s leading marketer of promotional, premium and corporate gift products. With this transaction, PF expands its product offering throughout Europe and strengthens its market 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,” 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. The two companies complement each other well and we are excited about our future together,” remarked Phil Morgan, CEO of SPS.
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Polyconcept is the world’s largest supplier of corporate and promotional merchandise, operating on five continents and selling to over 100 countries around the globe. With main offices in the US, Europe, Hong Kong, Canada and China, the company supplies a wide range of promotional, lifestyle and gift products to several hundred thousand companies ranging from small enterprises to global corporations, through a network of advertising specialty distributors. Further information is available at www.polyconcept.com.
About PF Concept
PF Concept is the leading promotional products supplier to the European market. PF Concept combines the widest product mix in the industry with a range of pan-European services that provide unique value to distributors. The company’s entrepreneurial spirit enables it to sustain and increase its leadership
position in each local market. PF Concept is the preferred one-stop-shopping solution for 9,200 promotional products distributors in more than 60 countries. It is headquartered in Roelofarendsveen, near Amsterdam, the Netherlands, and operates from 17 sales offices throughout Europe. Further information is available at www.pfconcept.com.
About SPS (EU) Limited
SPS is a UK leading hard goods value segment supplier based in Blackpool, UK. Established in 1990, SPS specializes in highly automated plastic injection molding and differentiated in-mold decoration. SPS has approximately 353 employees across 3 manufacturing facilities in Blackpool, Banbury and Swadlincote, UK. The company is renowned for its custom made innovative promotional products which include the highly popular Americano drinkware range. SPS serves customers in over 40 countries around the globe. Further information is available at www.spseu.com.