LONDON – Prolyte Products Group, based in the Netherlands, and UK-based Litestructures announced an agreement to merge their businesses. The new, merged company will operate under the banner of Prolyte Products Group. From an operational point of view, the Wakefield, U.K. office, run by managing director Lee Brooks, will also run a group-wide custom projects division. All bulk manufacturing will be handled by the group's two European plants, and global distribution will be managed from Prolyte Products Group HQ in Leek in the Netherlands.
"We are thrilled by the new opportunities at hand," said Fokko Smeding, the new Group CEO. "The combined team effort within the group reflects the positive drive we have created by this merger. We are convinced this will have a spin-off effect on the market."
Litestructures founder Adrian Brooks, who is now on the supervisory board of the new company and focusing on strategic growth, agreed. "I have long thought that future development in our industry would rely on the collaboration and pooling of resources of the key players, to provide platforms for genuinely global growth. For this reason I am delighted and energized by this merger. Together we are able to exploit opportunities and possibilities that would not have been available to us separately."
For more information, please visit www.prolyte.com.
