Midland Clothing Hosts BBQ & Open House
June 2016 – The Promotional Idea & Concept Show, produced by Modern Flare Sales is partnering with Midland Clothing to host a barbecue and open house with a number of suppliers on hand to display their products.
The event takes place on June 22,2016. Please click here to see flyer for details to RSVP and attend.
Polyconcept owner Investcorp Exploring Sale of Polyconcept
May 2016 – According to a Reuters report, Investment firm Investcorp Bank, owner of Polyconcept, is exploring the possibilities of a sale of Polyconept hoping a deal will value the world’s largest supplier of promotional products at more than $1.3 billion, including debt, according to people familiar with the matter.
Bahrain-based Investcorp is working with investment banks William Blair & Company LLC and Barclays Plc in the auction for Polyconcept, which is currently in its second round of bidding and has attracted interest from private equity firms, the people said this week. Polyconcept has 12-month earnings before interest, tax, depreciation and amortization of close to $130 million, the people added.
Based in Roelofarendsveen, Holland, Polyconcept was was taken control of by Investcorp following a buyout from firm BC Partners Ltd in 2005.