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Valley Group - Press Release

Monday, January 25, 2010

A new force in the global Point Of Purchase industry has been created by today’s announcement that the Valley Group (Valley) has reached agreement to acquire the business of Consumer Promotions International (CPI) in the UK.

The new entity will be known as Valley CPI and will continue to service current clients in the global luxury goods markets, operating out of CPI’s existing premises in Leicester.

Jan Wojciechowski becomes Managing Director of the new company, with Mike Fentem as Finance Director, joining the Valley Directors James Haggas, Jonathan Haggas and David Williams on the new Board. The previous Chairman of CPI, Kevin Ryan, becomes a Non-Executive Director and will retain responsibility for his own portfolio of key clients, based out of London.

In its 118 year existence, Valley has grown to become a leading Retail Marketing Solutions specialist with impressive global operations, and will continue to service its extensive roster of leading global brands from its Head Office, Design and Manufacturing complex near Bingley, West Yorkshire.

Over the course of the last year, the two businesses have forged close links, with Valley procuring substantial manufacturing contracts from CPI’s extensive production facilities encompassing injection moulding, vacuum forming, timber and metal.

Valley MD, James Haggas said, “We have long been impressed by CPI’s client list, none of whom conflict with our own, and the quality of their extensive manufacturing capabilities – we are really looking forward to working with the CPI management team to build on this fantastic foundation”.

New MD of Valley CPI, Jan Wojciechowski, commented, ”During the last year, we have developed great synergy with the Valley Team – their tenacious new business approach and their excellent creative skills will form a fantastic partnership with our own manufacturing capabilities”.