•  
Siemens: RuggedCom RSG2488 New Timing CapabilitiesAdvertisement
BACK SEND PRINT

PowerOne Corporation Acquires PowerPlay Marketing



April 16, 2014

PowerOne's management team is constantly evaluating opportunities to augment the company's organic growth through the acquisition of key assets. On April 16th, the company announced the buyout of PowerPlay Marketing LLC, which held an exclusive Master Sales Agreement (MSA) with PowerOne.

"This is a significant step forward for PowerOne," stated George Wahbeh, CEO and president of the company. "By absorbing the customer base and pipeline of PPM, not to mention the many industry experts we've welcomed to our staff, PowerOne has greatly accelerated its growth plan. As we fully integrate PPM's assets into our company, I am certain we will realize even more benefit from the acquisition in the months to come."

The acquisition of PPM achieved several critically important goals for PowerOne. First, it eliminated the exclusivity provision in the MSA, allowing the company to grow sales and marketing efforts internally, as well as through partnering organizations that hold specific industry or market experience.

PowerOne also booked approximately $1.5M in assets through the purchase, in addition to bringing key personnel in-house. These highly experienced staff members possess expertise in customer acquisition and marketing functions, including negotiating and managing independent sales offices, pricing desk processes, systems design and implementation and quality control.

About PowerOne

PowerOne Corporation provides its customers with discounted electricity and natural gas through its network of competitive suppliers and the company's retail electricity supply offerings.

Headquartered in Chicago, the company is positioned to grow with the competitive energy market and gain market share through better pricing, superior service and effective marketing strategies.

For more information :

Organization:
PowerOne
http://www.power1co.com/

Contact person:
Jeff Moses
PowerOne Corporation
Tel: 1-855-769-3753 ext. 246
E-mail: j.moses@power1co.com


Link http://www.electricenergyonline.com/detail_news.php?ID=478503
BACK SEND PRINT
Most consulted news

Contact us

Jaguar Expo Inc
1160 rue Levis, Suite 100
Terrebonne (Quebec) J6W 5S6

Tel.: 450-471-0796
Toll free: 888-332-3749
Fax: 450-471-5443 . 888-243-4562

info@electricenergyonline.com
www.electricenergyonline.com

  Press

  Jobs

  Events

  Subscription

  News

  Magazine

  News on your smartphone

© 2014, Jaguar Media inc. All rights reserved. 1996-2014