SPG is joining the Eriks Group
SPG has joined the Eriks group of companies, marking a culmination of SPG's achievements which have seen the company grow into a market leading provider to the sealing market.
The management structure will remain the same, with me Simon Noble as Managing Director, "We are delighted to be joining the Eriks Group who will help us to grow and build upon our success in the UK which was started by Seals Packings and Gaskets founder Harry McGuiness Harrison in 1971".
"Aligning ourselves with Eriks will give us that opportunity to enter new geographical markets and support our clients' international interests".
SPG is particularly strong in the OEM heating and boiler market but also has significant business in the OEM pump sector and across various MRO markets such as power, automotive and food, as a result of the acquisition, we also now have a greater presence in targeted international markets where we see significant opportunities for growth.
SPG will retain its distinct brand identity, strengthening and complementing Erik's own fast-growing business, with the acquisition of SPG the Eriks UK cluster has added a new core activity next to its current core activities of power transmissions, sealing technology, industrial hoses and electro mechanical repairs.
Additionally, with the acquisition of Econosto in June 2008 Eriks also now has a significant valve activity in the UK SPG is the platform from which Eriks UK can develop a core competence centre for gaskets, providing know-how directly to OEM customers and serving the branches of Eriks UK as a know-how driven distributor.
We envisage good opportunities for synergy for SPG with Eriks UK, Econosto UK and other Eriks companies.
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