Asysco plc Announces its Acquisition of proAV from the TSK Group plc
Asysco PLC, professional audio visual systems integrator, today announced it has completed the acquisition of proAV Ltd from TSK Group PLC. Seen by both parties as a positive move for everyone involved, the move follows the TSK Group's decision to focus on its core business activities whilst repositioning its AV subsidiary within an organisation that will continue to provide world-class support to its customers. The acquisition will advance Asysco's expansion into new vertical markets and enhance its geographic reach in the North of England.
Egham, Surrey (PRWEB) May 14, 2009 -- Asysco plc, Europe's most innovative audio visual systems integrator, today reported that it has completed the acquisition of proAV Limited from award-winning commercial interiors specialist, the TSK Group plc.
The move follows the TSK Group's decision to focus on its core business activity, namely workplace design, fit-out and refurbishment and to reposition its AV subsidiary within an organisation that will offer an exceptional support service to the prestigious clientele that proAV has developed over recent years.
The acquisition also presents exciting opportunities for the Manchester-based proAV workforce, which today joins Asysco's dynamic team from the Company's Northern office to form a new, strengthened division in the City.
As Asysco Chairman, Ray Phillpot, remarked, the acquisition represents a strategic alliance for the two businesses and a positive move for everyone involved.
"This is an excellent move for Asysco,' he commented. 'We've worked closely with a company that shares a similar ethos and a genuine commitment to bringing organisations together through world-class AV technologies and expertise.
"The acquisition will create a powerful union that brings complementary skills to Asysco and both advances our expansion into new vertical markets and enhances our geographic reach. This is a very natural step and we're looking forward to working with the proAV team and achieving continuing success together.'
Indeed, the relationship that has developed over recent months between parent company TSK and Asysco looks set to continue in the long-term too, as TSK joint Managing Director, Iain Holden confirms.
"The decision to partner with Asysco creates clear opportunities for our talented proAV staff and offers an ongoing continuity of care for our clients,' said Iain. 'Our clients will now be supported by a recognised AV specialist that has an outstanding track record and the expertise to ensure their investments are protected by the industry's finest technical team.
"Of course, we still see the design and supply of audio visual as a component of our offering in the commercial interiors field and we would naturally look to this strategic alliance with a renowned AV specialist to fulfil the requirements that will undoubtedly emerge as we look to the future.'
proAV is a leading supplier of audio visual solutions within the corporate and international hotel sectors; markets that will dovetail easily into those that Asysco has dominated over the past thirty years, including education, corporate, Government and public sectors. Additionally, the acquisition brings outstanding demonstration and showroom facilities within easy reach of Asysco's North West operations, which will serve to reinforce its sales and support teams.
For more information about Asysco and proAV, visit http://www.asysco.co.uk.
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