Bensussen Deutsch & Associates LLC (BDA), announced it has completed the acquisition of leading promotional products service provider in Germany, ipm|gruppe.
The acquisition immediately broadens BDA’s merchandise service offerings in Europe, and further builds out its global reach and capabilities. With established offices in France and the UK, the creation of BDA Germany will provide a secondary distribution facility within EMEA, bolstering BDA’s influence in the region and increasing support for new and existing clients.
ipm|gruppe services the full spectrum of medium to large enterprise clients with extensive reach across Europe. With the acquisition, ipm|gruppe clients can leverage more than 50 BDA locations in North America and a global supply chain network to provide unmatched merchandise capabilities, complete campaign development and fulfillment, and four decades of experience servicing many of the world’s most recognizable brands.
For BDA clients, the addition of ipm|gruppe immediately creates a seamless gateway into the German marketplace. Across Europe, the promotional products industry represents a 15 billion (EUR) opportunity with a bullish market and a strong appetite for imaginative, high-quality branded merchandise.
“Expanding our creative, manufacturing and distribution capabilities in Germany with a leader like ipm|gruppe will elevate our merchandise programs to new levels,” said Jay Deutsch, CEO and co-founder of BDA. “The combination of our client rosters and deeply-rooted expertise in the art of full-service merchandise programs will add tremendous value and resources to customers in Germany and worldwide. When I first met [ipm|gruppe co-managing directors] Peter [Beichel] and Tino [Gerstner], we instantly knew this partnership would change the landscape for our collective clients who want the best provider. Our combined forces now make us the largest merchandising group in Germany. Together with the tremendous ipm|gruppe team, there’s nothing we can’t accomplish.”
ipm|gruppe, headquartered outside of Munich in Kissing, Germany, has a total of three offices and a team of more than 40 people. The company brings an extensive roster of long-standing, highly respected client relationships including WÜRTH, TÜV SÜD, Linde MH, UPS, Skoda, and DACHSER, among others.
“Joining forces with a proven market leader like BDA amplifies our commitment to world-class client service and provides a new opportunity for us to offer a full scope of capabilities in the U.S.,” says Beichel. “With Jay and the BDA teams’ infectious energy and unparalleled expertise, we look forward to establishing BDA-Germany, delivering exceptional results to clients, and helping our new American friends navigate the European market and expand their brand awareness with perfectly engineered merchandise campaigns.”
“This is a great fit for us, as well as our clients,” says Gerstner. “Just last week, ipm|gruppe received the prestigious German TOP100 Innovator Award, proving our ability to deliver innovative and effective client solutions and showing our value for BDA’s future European operations.”
Source: BDA
The preceding press release was provided by a company unaffiliated with Promo Marketing. The views expressed within do not directly reflect the thoughts or opinions of Promo Marketing.
