PFI completes purchase of Sign Plus

PFI Group are delighted to announce that it has recently completed the purchase of Fife based Sign Plus Ltd.

Sign Plus are a leading Scottish sign manufacturer, and have been servicing its customer’s signage requirements across the UK for over 20 years. Sign Plus have an enviable reputation for supplying high quality signage, combined with outstanding levels of professionalism and customer service; all of which are core values of PFI Group. Under sound and strategic leadership, Sign Plus have enjoyed profitable growth, particularly in the defence sector, and have ambitious plans for further sustainable growth going forward.

PFI Group CEO Darren McMurray (left) and Sign Plus Ltd MD James Barbour shake hands following acquisition of Sign Plus Ltd into the PFI Group
PFI Group CEO Darren McMurray (left) and Sign Plus Ltd MD James Barbour shake hands following acquisition of Sign Plus Ltd into the PFI Group

Sign Plus will continue to operate as an independent company from its present location, and the existing management team will be led by MD, James Barbour (pictured), who will ensure that Sign Plus maximise the supply chain opportunities and synergies that will undoubtedly arise from being part of the PFI Group.

Commenting on the news Sign Plus Chairman, Ken Richards said he looked forward to an exciting future for the company but emphasized that as far as our customers are concerned it is very much a case of business as usual with no change to personnel, name, location or company registration number – the only real change being who is holding the share certificates. He also said that “companies in the PFI Group had partnered Sign Plus on various projects in the past and were a “good-fit” for us in adding to fabrication and advanced printing capabilities of our supply chain which, following the deal, effectively widens the Sign Plus “in-house” product offer to our client base”. Staffing numbers within the enlarged group will now total 85 across its UK sites.

Darren McMurray added “We are delighted to welcome Sign Plus Ltd, together with its superb team, as the newest member of the PFI Group. The acquisition of Sign Plus will add significantly to our group turnover, whilst also increasing our overall manufacturing capabilities, enhancing our nationwide coverage and therefore further strengthening our position in the market. Crucially, PFI Group will now have a presence in Scotland, which up to this point has been an untapped area”.