Pyramid Display Materials buys out POS Plastics

Pyramid Display Materials has acquired the assets, stock and goodwill of plastic substrate distributor and fabricator POS Plastics.

Based in Wakefield, Yorkshire, POS Plastics has been supplying the market since 2002, focusing on plastic sheets from 3A’s Composites, Staufen and Klockner as well self-adhesives from JAC. It will continue as a trading division of Pyramid and relocate to the latter’s facilities in Castleford. Dennis Morgan, Pyramid MD, said: “The acquisition reinforces our strategy of diversifying the group into areas aligned to our core retail display market but giving us specialist expertise in what we class as the growth area of industrial plastics. POS Plastics have a great history in the industry and when we first spoke to POS about the possibility of them joining our group both parties realised what a good fit it would be. The Pyramid Group would gain a presence in the industrial plastics market with POS Plastics benefiting from the support of a larger company together with being able to expand their product range to their customer base. We can now give POS Plastic’s customers the option to buy a much larger range of digital roll and flat sheet products.” James Shannon, who will continue as sales manager of POS Plastics, added: “This is great news for POS. Having the option to sell an enhanced range of products to our customer base will ensure the business continues to grow for many years to come and with the backing of Pyramid in the form of marketing and logistics support I’m confident we can become an integral part of the group”