Amplex AB has acquired all shares in PHS West, Inc. The seller is the company’s founder Dan Cummings. PHS West, Inc. is located in Rockford, Minnesota.
This merger brings incredible opportunities for both parties. PHS West will continue to provide their customers with unparalleled products and support as they have for the last 25 years. The company brings a dedicated team, unique market perspective and a complimentary product line to the Amplex AB portfolio. The merger also bolsters both the short- and long-term strategic objectives PHS West has set in place in recent years. Broader market access, greater capacity for product research and development, and new distributor partnerships will augment the company’s objectives and fast-track penetration of domestic and international markets. PHS West looks forward to continuing its day-to-day operations as it always has while contributing to the success of Amplex AB.
Through this acquisition, PHS West, Inc. has been merged into PHS West, LLC, a North Carolina LLC with principal offices at 6704 Bleck Drive in Rockford, Minnesota 55373.
“In our companies within the Sunnex Lifting Technology Group, which is part of the Amplex sphere, we already have a fine and exciting business in lifting equipment for material handling and we are represented in several markets in both Europe and the USA. PHS West is a well-run company that we know well as a customer and partner in the American market. The acquisition of PHS West, Inc. gives us a high-quality and very attractive complement to our existing offering as well as adding a strong management team to our group,” says Fredrik Celsing, President and CEO of Amplex AB.
“PHS West is comprised of a strong team of highly educated and talented individuals that have built a remarkable company in growing markets. Continued success of PHS West will only be enhanced through this partnership with the Amplex sphere. As two separate entities, we share the same values in business and beliefs that employees are the backbone and driving force in any company. It was always my goal to find the perfect match to continue the legacy of PHS West. I believe the Amplex sphere fulfills that goal,” remarked Dan Cummings, Founder, President and CEO of PHS West, Inc.
For additional information, please contact:
Don DeMorett, President, PHS West, LLC 1-888-639-5438, firstname.lastname@example.org
Glenn Lindqvist, CEO, Sunnex Lifting Technology Group +46 706 48 41 42, email@example.com
Dan Cummings, Founder and Previous Owner, PHS West, Inc. 1-888-639-5438, firstname.lastname@example.org
Abie Rosckes, Marketing Manager, PHS West, LLC 1-888-639-5438, email@example.com
Amplex AB is a privately-held Swedish corporate group with operations mainly in retail technology, lighting, anti-vibration equipment and automotive sales. The group consists of some 20 operating companies with around 350 employees in Sweden, Finland, France, the USA and China.