PPDS U.S. Becomes Subsidiary of TPV Group - LAVNCH [CODE]

PPDS U.S. Becomes Subsidiary of TPV Group

PPDS’ U.S. business has become a wholly-owned subsidiary of the TPV Group, as the company enters a new, accelerated growth phase in North America.

PPDS LOGOThis strategic development fully aligns the business with PPDS’ wider global operations, which the company says will unlock immeasurable benefits and opportunities for its partners and customers. This includes adding more choice and value to the market, while offering partner support, facilitating projects on both a local and global scale across industries.

Operating as a wholly-owned subsidiary of TPV, a manufacturer of LCD displays, the transfer of activities from EPI (effective from May 1), means PPDS U.S. will now utilize the full manufacturing strengths and resources enjoyed by teams across PPDS’ other international markets, including priority access to core components and materials for manufacturing continuity, and end-to-end supply chain systems enabling full control and monitoring of logistics streams.

“As part of the company’s long-term plan to exponentially expand Philips professional display sales on a global level, our growth in the North American market is a milestone in our success,” said Franck Racapé, head of global commercial at PPDS. “Our current business dynamic in North America is very promising and we look forward to further accelerating the trend, offering total display solutions for customers in all sectors, and positioning Philips professional displays as we believe they should be.”

Helping to accelerate the growth of PPDS in North America, the U.S. team will also receive support from PPDS’ newly announced global leadership team, consisting of Racapé; Martijn Van der Woude, head of global business development and marketing; and Robert Hsu, head of global product management.

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