SMI ANNOUNCES ACQUISITION OF CONTEGO IN STRATEGIC GROWTH MOVE
3 minute read
SMI, a leading single source supplier to Britain's workforce, is pleased to announce the acquisition of Contego, a well-established stockist, supplier, and distributor of Workwear & PPE. This strategic move marks an important milestone in SMI’s growth journey, further reinforcing its market presence and service capabilities.
A perfect match
Contego’s business aligns seamlessly with SMI’s operations, sharing similar sectors, values, and customer bases. As a fellow family-run company with a strong commitment to service excellence, innovation, and sustainability, Contego perfectly complements SMI’s existing offerings.
Geographically, the two companies are in close proximity, with Contego’s headquarters located just 50 minutes from SMI’s Head Office. This local synergy enhances operational efficiencies and customer support capabilities.
Enhancing market strength
This acquisition strengthens SMI’s position by gaining Contego’s market share and revenue, solidifying SMI as a larger and more influential player in the industry. The businesses integration will provide increased scale, stockholding capacity, and product variety for their customers.
Importantly, the transition is designed to be seamless, ensuring that existing customers continue to work with their familiar account managers and customer experience teams while benefiting from an expanded range of products.
Commitment to cultural integration
Both businesses share a service-first philosophy and a deep commitment to customer satisfaction. As part of the integration, Contego’s office will remain operational, and all employees will align under SMI’s values. By uniting their strengths, SMI and Contego will enhance investment in people, products, and infrastructure, leading to improved service levels, and a broader product portfolio.
A message from SMI’s CEO
Commenting on the acquisition, SMI’s CEO, Blake Prisgrove, stated:
“As CEO, I am excited to have acquired Contego, a move that marks a significant milestone for SMI. Contego’s reputation for high-quality products and exceptional customer service aligns perfectly with our own strategy. This acquisition strengthens our position in the markets we serve and enhances our ability to deliver even greater value to our customers. This is an exciting chapter for us, and I truly believe that the synergy between our teams will lead to even more opportunities and success in the future.”
Looking ahead
With this acquisition, SMI is poised to provide even greater value to its customers. By combining resources and leveraging its extended geographical reach, SMI aims to continue setting new standards in the industry and delivering innovation to the workforce.
Customers can look forward to seamless service, improved efficiencies, and access to an even more comprehensive range of safety clothing and equipment.
For further updates, please follow SMI as it embarks on this new and exciting chapter.