W EEKLY EDITION MAY 9, 2018
More Coverage of Satellite Industries' Acquisition of
PolyPortables …continued
The PSAI spoke to both companies to learn more about how this decision was made and what to expect
from Satellite and PolyPortables going forward
Responses to the acquisition. The PSAI reached out to many of our supplier Members and asked them if they wou ld like
to respond to the news. We learned that some companies are still trying to absorb the information and, although they felt
unready or unwilling to contribute a quote, the words "blindsided" and "shocked" were mentioned.
Some felt it wasn't their pla ce to comment, where another Member applied the old adage, "If you
have nothing positive to say…"That isn't to say that all responses were negative, though.
Spokespeople for competitors Five Peaks and PolyJohn both shared their thoughts.
"We've seen consolidation the past few years in many areas of our industry and hopefully
this will help us evolve and continue to raise the bar. Healthy competition is important and
drives innovation. Satellite and PolyPortables are two great companies wit h a lot of history.
We wish them the best as they move forward."
- Ryan Harris, Five Peaks (pictured top right)
"We are ALWAYS there when you need us – past, present, and for the future to come."
- Sam Cooper, PolyJohn (pictured bottom right)
The PSAI will continue to cover all sides of the latest industry news as long as it continues to affect our
Members. If you have any comments you would like to contribute to our coverage of the
acquisition, please contact the PSAI office. We would love to hear from you!
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