Company Extends Merchandise Capabilities to Meet Needs of Clients
BIRMINGHAM, United Kingdom--(BUSINESS WIRE)-- InnerWorkings, Inc. (NASDAQ: INWK), a leading global marketing supply chain company, today announced that it has acquired merchandise distributor, Merchandise Mania.
Merchandise Mania is one the UK's leading providers of outsourced solutions within the corporate promotional merchandising sector. With annual turnover in excess of £6 million in 2011, the company currently supports campaigns throughout dozens of countries in Europe and Asia Pacific for clients operating primarily within the Financial, Manufacturing and IT sectors. The business employs 33 staff.
"Merchandise Mania has an excellent reputation in the marketplace for great quality, market oriented service levels and driving cost savings for its long standing customers," noted Yves Rogivue, President, EMEA, at InnerWorkings. "This acquisition will provide InnerWorkings' clients with a creative and highly effective promotional merchandise portfolio."
Simon Dipple, Managing Director, UK, at InnerWorkings added, "The inclusion of Merchandise Mania to the InnerWorkings structure enables an increased supply of innovative, quality print, POS and promotional services within Europe. Additionally, the acquisition brings together some of the best talent and technology to further extend our outsourced solution."
Simon Patnick, Managing Director, Merchandise Mania said, "The synergy between our two organisations was immediately obvious and the combination of InnerWorkings expertise and its complementary services will provide significant benefits to existing clients. Our management team is looking forward to providing them with the continuity of service they have come to expect from us, combined with the new opportunities this relationship affords."
InnerWorkings, Inc. (NASDAQ: INWK) is a leading global marketing supply chain company servicing corporate clients across a wide range of industries. With proprietary technology, an extensive supplier network and deep domain expertise, the Company procures, manages and delivers printed materials and promotional products as part of a comprehensive outsourced enterprise solution. InnerWorkings is based in Chicago, IL, employs approximately 1,200 individuals, and maintains 44 global offices. Among the many industries InnerWorkings services are: retail, financial services, hospitality, non-profits, healthcare, food & beverage, broadcasting & cable, education, transportation and utilities.
For more information visit: www.inwk.com.
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Source: InnerWorkings, Inc.
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