Winnipeg, MB-based Shippam & Associates (asi/325850) has acquired Summit Promotions in Brandon, MB. Financial details of the agreement were not disclosed.
“We are very excited to be a part of this great company,” said Summit Promotions owner Darrel Vodden, who established the company 25 years ago and has agreed to work with Shippam for a minimum of six months to facilitate the transition. “We believe the efforts of our combined teams will bring added value and greater opportunity to our business partners. I really wanted to find a buyer that had a similar business philosophy to ours. I was confident that our customers and employees would only benefit more because of the added value Shippam brought to the table. Our customers can now expect a better range of products and continued product quality and service that is above industry standards.”
Founded in 1978, Shippam & Associates offers branded hard goods and apparel. The company is a founding member of the Facilis Group.
“We wanted a greater reach into the Province of Manitoba, specifically the Westman region,” Scott Shippam, president of Shippam & Associates, told Counselor. “Summit also has a very similar mix of clients that aligned well with us. This acquisition will give our clients the opportunity to order from additional brand name suppliers through our Facilis buying group, as well as a larger offering of services, including fulfilment and store services, recognition programs and a creative team to support the sales group.”
All Summit Promotions employees will remain at the company’s Brandon location, which will become a branch of Shippam & Associates.