MANAMA, 7 June 2005 — Investcorp, the global investment group, has announced the acquisitions of Polyconcept and Global Promo Group, the European and US leaders in the development and distribution of promotional, lifestyle and gift products.
Polyconcept supplies a wide range of promotional, lifestyle and gift products to over 10,000 advertising specialty distributors across Europe, as well as to various retail channels. End-users range from large corporations to small enterprises and consumers. The company employs around 1,000 people in the United States, Europe and Asia, operating from main offices in the Netherlands, France and Hong Kong.
Global Promo Group, based in the United States, is comprised of two wholly owned subsidiaries, Leed’s and Marlow International, employing 900 people. Leed’s, also based in the United States, is a leading supplier of a broad range of promotional products and gifts to 20,000 advertising specialty distributors within the North American market.