Two business in Northampton specialising in promotional products have merged.
Gilt Edged Promotions and USB2U will be working under one roof in Moulton Park and the firms say they will generate a combined annual revenue of £8.5 million.
Gilt Edged and USB2U will continue to trade under their individual brand names and currently employ more than 60 people.
The owners and directors, Jonathan Cook, of Gilt Edged Promotions, and Sebastian La Porta, of USB2U, said “The merger is seen as a natural progression for both businesses and is a perfect strategic fit.
“We strongly believe that the combined resources will drive further growth and development for both our loyal customers and our dedicated staff”.
Both businesses are based in Northampton and will now operate together from a 37,000 square foot factory and office facility in Moulton Park, Northampton. Gilt Edged Promotions has become the majority shareholder.
Gilt Edged began producing promotional products in 1986. Their product range includes a full range of promotional merchandise, as well as diaries, calendars and notebooks. In addition they are a supplier of branded clothing and work wear all finished in-house in their facility in Moulton Park.
USB2U were established in 2002 and now supply in excess of 1.3 million branded USB memory sticks per year.