It gives us great pleasure to announce that Shave & Gibson Group has acquired the entire corrugated point of sale operation of KHULA, which was owned by Barrows Point of Sale. Barrows decided some time ago to exit this part of their larger operation, as they move more into the digital space.
We have engaged with Barrows over the past weeks, and we believe that KHULA will be a valuable and profitable venture for us. We understand the manufacturing process, and we will continue to work very closely with Barrows staff to preserve and grow the turnover of KHULA.
The new division (which will probably be called S&G Displays) will operate as an independent, separate company within the Group, although we expect some significant additional synergies from the combined Group. The sales effort will NOT be driven by our existing sales force, as the sales channels tend to be very different for packaging.
We are very excited by this new venture, which will further strengthen our company and the Shave & Gibson brand. We will keep you informed of developments as they occur.
