Member Article

Blackpool promotional goods supplier acquires competitor

A Blackpool-based company that supplies promotional goods has acquired one of its competitors.

SPS EU Ltd have bought Banbury-based High Profile Plastic Products in a move that the management say is a great for sharing experience and knowledge between the two companies.

Blackpool-based SPS had a successful management buyout in 2014 and has continued to experience growth.

CEO of SPS, Phil Morgan, said to the Blackpool Gazette: “SPS and High Profile are a great, natural fit thanks to the strong portfolio of British-made products.

“We’ve seen a massive increase in demand for our manufactured products, in particular drinkware, and we have been keen to increase the range of UK-made products in our range.

“As a manufacturer of bespoke plastic products, High Profile has a product range which fits perfectly with our existing selection.

“The blend of our design teams, toolmaking experience and production expertise will be a great benefit to both companies.

“Additionally, High Profile will benefit from the design innovation and sales and marketing channels of SPS, allowing a greater presence in both the UK and Europe.”

This was posted in Bdaily's Members' News section by Sophia Taha .