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News provided by

Production Resource Group, L.L.C.

Oct 21, 2014, 03:00 ET

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-- Production Resource Group verwerft Gearhouse, L.L.C.

NEW YORK en DUBAI, Verenigde Arabische Emiraten, 21 oktober 2014 /PRNewswire/ -- Production Resource Group, L.L.C. (PRG), een topleverancier van entertainment- en evenementtechnologie met haar hoofdkantoor in New York, verwerft het in Dubai gevestigde Gearhouse, L.L.C., de grootste aanbieder van kant-en-klare productiediensten in de Golfregio. Chairman & CEO van PRG, Jeremiah J. Harris en Peter McCann, de Managing Director van Gearhouse, L.L.C kondigden de acquisitie vandaag gezamenlijk aan.

Gearhouse, L.L.C. heeft zich de afgelopen tien jaar gevestigd als markleider in de regio. Dit feit wordt ondersteund door een indrukwekkende klantportfolio met internationale touringbedrijven, toonaangevende wereldwijde productiebedrijven, overheidsinstanties en belangrijke regionale locatiepartners.

Voor de wereldwijde klanten van PRG betekent deze acquisitie dat zij nu toegang zullen hebben tot een volledig aanbod aan technologische expertise en oplossingen voor productiemiddelen bij het werken in de Verenigde Arabische Emiraten en de Golfregio. PRG is erg blij dat zij kunnen garanderen dat hun klanten kunnen vertrouwen op de kwaliteit van het product, de productie-expertise en de professionaliteit bij het werken in deze belangrijke en zich snel uitbreidende evenementlocatie.

"Door de verwerving van Gearhouse kunnen wij de lokale ondersteuning voor onze vele klanten die evenementen en shows in Dubai en de Golfregio produceren sterk vergroten", zegt Harris van PRG. "Nu kunnen wij hen hetzelfde klantserviceniveau aanbieden, samen met de innovatieve, betrouwbare technische oplossingen die onze klanten verwachten, waar zij hun evenement ook produceren."

Gearhouse, L.L.C. zal per direct PRG Gearhouse worden en het wordt daarmee een essentiële hub in het netwerk van PRG met meer dan 40 locaties in belangrijke steden over de hele wereld.

"Wij hebben hier een markt die snel volwassen aan het worden is en ik zie de creatie van PRG Gearhouse als een belangrijke mijlpaal in dat proces," zegt Peter McCann, medeoprichter en Managing Director van Gearhouse, L.L.C. "In de laatste 20 jaar hebben wij een klantenbasis opgebouwd die meer verwacht van hun leveringsstandaard en de ware betekenis van productie. Als PRG Gearhouse kunnen wij deze verwachtingen overtreffen omdat wij ongetwijfeld de beste talenten in onze regio kunnen aantrekken, aangezien de reputatie van PRG ongekend goed is."

Tom Van Hemelryck, Vice President van PRG, Global Special Events, zegt: "Om te zeggen dat wij blij zijn is een understatement. Wij voorzien de uitwisseling van personeel, apparatuur en expertise tussen PRG Gearhouse en andere gebieden binnen de PRG-groep. Wij hebben sterk het gevoel dat zowel onze huidige klanten als onze potentiële klanten sterk zullen profiteren van het samengaan van onze twee bedrijven en onze sterke technische staf."

"Ik kijk ernaar uit nauw samen te werken met Peter en zijn team," zegt Harris ten slotte. "PRG en Gearhouse passen erg goed bij elkaar aangezien beide bedrijven een geïntegreerd product over meerdere disciplines aanbieden. Het samengaan van onze beide bedrijven zal onze klanten absoluut ten goede komen en dit is vanaf het begin onze hoogste prioriteit geweest."

Onderhevig aan de gebruikelijke afrondvoorwaarden wordt verwacht dat de afronding van de acquisitie op 31 oktober 2014 in werking treedt.

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