UP Global Sourcing Holdings PLC Equity Development publishes research note
February 15 2021 - 1:35AM
RNS Non-Regulatory
TIDMUPGS
UP Global Sourcing Holdings PLC
15 February 2021
15 February 2021
UP Global Sourcing Holdings plc
"Ultimate Products" or the "Group"
EQUITY DEVELOPMENT PUBLISHES RESEARCH NOTE
Ultimate Products (LSE: UPGS), the owner, manager, designer and
developer of an extensive range of value-focused consumer goods
brands, today welcomes the publication of an analyst report by
Equity Development Limited, an experienced investment research and
advisory company.
A copy of the report is available at:
https://www.equitydevelopment.co.uk/research/tag/up-global-sourcing-holdings
For more information, please contact:
Ultimate Products +44 (0) 161 627 1400
Simon Showman, CEO
Andrew Gossage, Managing Director
Graham Screawn, Finance Director
Powerscourt +44 (0) 207 250 1446
Rob Greening
Sam Austrums
ultimateproducts@powerscourt-group.com
About Ultimate Products
Ultimate Products is an owner, manager, designer and developer
of a series of well-known brands focused on the home, selling to
over 300 retailers across 37 countries. It has five product
categories: Small Domestic Appliances; Housewares; Audio; Laundry;
and Heating and Cooling. Its brands include Beldray (laundry, floor
care, heating and cooling), Intempo (audio), Kleeneze (laundry);
Salter (kitchenware), and Progress (cookware and bakeware).
The Group's products are sold to a broad cross-section of both
large national and international multi-channel retailers as well as
smaller national retail chains, incorporating discount retailers,
supermarkets, general retailers and online retailers. Its
best-selling products include frying pans, mugs and speakers,
selling approximately one million of each every year.
Founded in 1997, Ultimate Products is headquartered in Oldham,
Greater Manchester, where it has design, sales, marketing, buying,
quality assurance, support functions and warehouse facilities
across two sites. Manor Mill, the Group's head office, includes a
spectacular 20,000 sq ft showroom that showcases each of its
brands. In addition, the Group has an office and showroom in
Guangzhou, China and in Cologne, Germany.
Ultimate Products' graduate development scheme was launched in
2012 and in 2018 it welcomed its one-hundredth graduate. In total,
Ultimate Products now employs over 250 staff.
Please note that Ultimate Products is not the owner of Russell
Hobbs or Salter. The company currently has licence agreements in
place granting it an exclusive licence to use the "Russell Hobbs"
trademark for cookware (NB this does not include Russell Hobbs
electrical appliances) and the "Salter" trademark for electrical
and cookware (NB this does not include Salter scales).
For further information, please visit www.upgs.com
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END
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February 15, 2021 02:35 ET (07:35 GMT)
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