FRAN - Franchise Brands says Pirtek Europe acquisition presents big growth opportunities
(NewsDirect)
FranchiseBrands PLC executive chairman Stephen Hemsley speaks to Proactiveabout the transformational acquisition of Pirtek Europe, anestablished provider of B2B on-site hydraulic hose replacement.Hemsley said Pirtek is highly complementary to Franchise Brands'existing businesses as it builds a B2B services business across NorthAmerica, the UK, and Europe. Growth opportunities for Pirtek includeexpanding its reactive services and venturing into planned services,such as total hose management. Franchise Brands also sees thepotential to leverage Pirtek's footprint to develop itsunderdeveloped Filta business in Europe.
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