Sports Labs Ltd. Announces Acquisition of ProPitch |
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| Guy Oldenkotte,
Monday 30 April 2018 |
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| 50 sec |
Testing institute Sports Labs has announced that it has acquired a major share of the ProPitch business. Over the last three years, the two companies have formed a close working alliance.
This acquisition will bring to ProPitch the Sports Labs management expertise to grow a strong brand, and with Sports Labs geographical locations it can bring the ProPitch system to a large, new client base. This will position it as the global market leader in the evaluation, testing and advisory services sector for natural pitches.
'Acquiring ProPitch fits in with our strategy to diversify our business and provide services in line with what our clients want. We are delighted to welcome our ProPitch colleagues onboard as members of the Sports Labs team,' said Eric O'Donnell, Managing Director of Sports Labs Ltd. 'This purchase adds that missing range of services to our already broad-based portfolio, meaning we can service both the artificial and natural pitch consultancy and testing market.'
Through the agreement, Sports Labs also acquired ProPitch locations, which will continue to operate as normal. Three employees will transition to Sports Labs.
'ProPitch is delighted to further cement its relationship with Sports Labs through this acquisition. We have worked successfully together for a number of years and it became clear that the companies had likeminded ambitions for growth, quality and innovation and could achieve so much together, to transform the way our respective services are delivered in the industry,' said Nick Smith, Managing Director of ProPitch.
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