PlayCore, Inc. is pleased to announce the acquisition of Play & Park Structures, a manufacturer of commercial play structures. Play & Park Structures joins the PlayCore family of companies, the global leader in Moving Play Forward. The acquisition leverages PlayCore’s strong leadership and foothold in the U.S. commercial playground market.
PlayCore, Inc., headquartered in Chattanooga, TN, will serve as the corporate headquarters for the company. Play & Park Structures currently operates from facilities in Coral Gables, FL and is marketed through a nationwide sales support system of independent sales representatives.
“The acquisition by PlayCore will provide an opportunity for Play & Park Structures to strengthen its current client relationships with our strong financial backing and reputation,” comments Bob Farnsworth, PlayCore's CEO. “The synergies between the two companies will be capitalized upon immediately, producing an extremely rewarding environment for our employees and ensuring continued growth well beyond 2002.”
“PlayCore’s presence and commitment to the playground industry, will provide the strong platform on which we can offer Play & Park Structure’s product line,” continued Farnsworth. “The company will benefit by the shared operational resources, and PlayCore’s commitment to Moving Play Forward. We will now have the ability to more quickly increase our market share and be able to respond to our clients’ needs with an expanded network of resources.”
