Midwich Limited today announced it has acquired 100% of PSCo Group Limited, the Reading, UK based trade-only rental and technical distributor specialising in the latest display solutions.
Under the leadership of Stuart Holmes, PSCo has established itself as a leading provider of the latest display solutions and complementary services through their PSCo Rental, PSCo Technical Distribution and Nearly New AV offerings.
Continuing on as Managing Director of PSCo, Stuart Holmes commented, This exciting move allows PSCo to focus on the areas where we believe we truly add value to our trade partners. We have seen 12 months of exceptional growth and launched our LED offering along with a number of new and exciting partnerships, all of which we plan to capitalise on and grow further with the support of Midwich. We are looking forward to working in synergy with Midwich to expand both our rental and specialist distribution offerings throughout the UK and into Europe, utilising their geographical footprint.
Stephen Fenby, the Managing Director of Midwich added The acquisition of PSCo supports two of our key strategic objectives to provide outstanding value-added support to our customers and vendors, and to continue the rapid growth of our display solutions business. Our customers will be able to benefit from:
Our vendors will see the benefit of the additional resource and expertise being applied to help them to achieve their own growth aspirations.
On a personal level, I am very much looking forward to working with Stuart and the team at PSCo. They have a well-deserved reputation for technical excellence, product innovation and delivering a great customer experience.