Pyramid Display Materials have been acquired by Grimco Inc. based in the United States.
Established in 1875 Grimco are the leading distributor of signage and display materials in the U.S. and Canada and operating from over 60 locations.
Dennis Morgan, Pyramid Display’s Managing Director stated:
“This is an exciting announcement for us that we believe will yield important benefits for all our staff, customers and suppliers, whilst ensuring the development of our business and relationships. Pyramid Display will operate as a standalone company in the Grimco portfolio and will retain the Pyramid Display name and brand. It will continue to be run by the same experienced management team that is in place today and remain headquartered in Manchester.
Over the long term, we believe this transaction will accelerate our ability to seize on industry growth opportunities and deliver continued product innovation and consistent, reliable operational performance. This move will make Pyramid Display even better positioned to navigate an evolving industry, ensuring continuity and the overall stability of the business.
It continues to be business as usual at Pyramid Display and customers should not expect any changes in their partnership with us. Contacts in sales, buying, distribution and accounts all remain the same”
Pyramid Display Materials are a major distributor to the Sign & Display sector selling the industry’s leading brands.