Manchester based, PFI Group are delighted to announce the acquisition of Futurama Group, Leeds, England.
The history of Futurama Group stretches back to 1880, with the opening of a signwriting shop in the East End of London. The business passed through generations of the Roberts family and, in 1958, was renamed “Futurama”. Over the years the business has expanded, developed and grown beyond its traditional signage base. Futurama Group is one of Europe’s leading providers in delivering branded environments for some of the world’s best-known brands, including NatWest, Renault, M&S, TSB, Lloyds Banking Group, Nissan Europe, Co-op, SEAT Europe, Iceland, and the Post Office. Their services include merchandising, signs, retail systems, cladding, network support, displays and furniture, for a complete end to end solution of high volume brand roll-outs and maintenance programmes servicing the Retail, Banking and Automotive sectors.
PFI Group now comprises PFI Signs, GB Sign Solutions, Sign Plus (inc HT Screenprint), Lofthus Signs, In2 Signs & Graphics, Shades Graphics, Mardan Products and Futurama Group. Further acquisitions are planned, in line with our current growth strategy.
Darren McMurray, PFI Group CEO commented: “PFI Group are truly delighted to welcome Futurama and its team to the PFI family. The acquisition compliments PFI Group’s specialist capabilities, strengthening our leadership position in the UK print and signage marketplace and extending our ability to provide an all-encompassing, full-service sign, graphics and display offering to customer’s across Europe while, at the same time, diversifying both our product and customer mix.”
The latest acquisition represents a monumental milestone in PFI Group’s buy and build strategy which creates a true powerhouse in the print and signage sector, with a combined group revenue forecast to be circa £35m for 2020.
Marc Edwards, Futurama Group MD commented: Myself and the Futurama board of Directors are delighted to be joining the PFI family. It was clear from the initial stages with Darren that there was a true fit and alignment between PFI/Futurama, with both sides wanting to enhance their offering to customers. The combined business has a robust leadership team, and Futurama brings some further qualities to The Group by offering a full turnkey branding solution both in the UK & Europe. Since the summer of 2017 Futurama has seen some challenging times, during which the board and senior management team have succeeded in providing the stability required for supporting our existing clients and introducing new brands/orders to the portfolio, and I thank them for that. The coming together of PFI and Futurama means the dawn of a new era where we can start to further enhance the group’s offering and firmly build the blocks together to support our aspirations for growth and achieve our collective milestones. The combination will in turn give our staff an environment and clear pathway as a group to succeed.