GPX GROUP
Joint venture with SF2 Retail Solutions / More products and services
Two of the UK´s largest point-of-sale companies and acrylic fabricators have joined forces to create the Gemini Group. The merger of SF2 Retail Solutions (St Albans / UK; www.sf2.co.uk) and GPX Group (Borehamwood / UK; www.gpx-group.com) will combine SF2´s expertise in in-house design with GPX´s focus on providing standard products through its catalogue and extensive website. GPX is one of the UK´s leading manufacturers and designers of a wide range of quality visual display products made of acrylics, polycarbonate, polystyrene or PET.
Staff from SF2 will transfer to the GPX site, creating a workforce of around 100 at the 8,000 m² premises that include vacuum forming and screen printing facilities. The two companies have a combined turnover of GBP 10m (EUR 14.8m) and the merger is expected to create major synergies. The new business has plans for additional in-store products and services to an enlarged customer base.
Staff from SF2 will transfer to the GPX site, creating a workforce of around 100 at the 8,000 m² premises that include vacuum forming and screen printing facilities. The two companies have a combined turnover of GBP 10m (EUR 14.8m) and the merger is expected to create major synergies. The new business has plans for additional in-store products and services to an enlarged customer base.
04.12.2006 Plasteurope.com [206880]
Published on 04.12.2006