InnerWorkings Buys Retail Display Provider
Financial Terms Were Not Disclosed
Counselor Top 40 distributor InnerWorkings (asi/168860) has announced the acquisition of Prague-based firm EyeLevel, a global provider of permanent retail displays and store fixtures. Financial terms of the deal were not disclosed.
"We are excited to partner with a company that has a track record and reputation as strong as EyeLevel," said Eric Belcher, CEO of InnerWorkings. "This acquisition strengthens our capabilities, adds to our global presence, and provides us access to an impressive roster of new clients."
Along with its headquarters in the Czech Republic, EyeLevel operates offices in England, Russia, China, Brazil, Australia and Portland, OR. Its roster of clients includes adidas, North Face, Vans, Calvin Klein and Crocs. "Joining the InnerWorkings team is a great fit for us," said Tomas Baca, managing director of EyeLevel. "We are anxious to combine our strengths with one of the world's most respected marketing service providers."
Ranked by Counselor as the 12th largest distributor in the industry, InnerWorkings reported 2012 North American ad specialty sales of $114.1 million, a year-over-year gain of 8.4%.