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Systems of the UK Sold to UK Investment Company |
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Pressure Seal Systems of the UK Sold to UK Investment
Company Pressure Seal Systems of the UK has recently been purchased by the Grenadier Group. The Grenadier Group is a privately held industrial investment company, focusing on advanced solutions for the print, document management and related sectors in Europe and the United Kingdom. The purchase of the PSS assets was consummated by the United Kingdom division of Grenadier Group, Paragon Group UK Limited. Information on the Grenadier Group and its businesses may be found at http://www.grenadier-group.com This transaction is terrific news in that Grenadier represents a well capitalized company with experience in the manufacture of pressure seal forms. Mr.Conor Donnelly, Executive Chairman of Grenadier and the rest of the executive staff are sure to bring renewed vigor to the PSS brand. Says Andrew Harnett, Partner of InfoSeal, "PSS is one of our key suppliers and has simply been rolled into a larger, more robust related company. Grenadier Group is a large European company with no conflict for us in the United States. This deal is terrific news for us and our pressure seal resellers!"
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