Showtec will operate under its own brand-name, as a full member company of the PRG group, with Wilfried Schiefer and Ralf Richrath continuing in their present leadership roles.
Founded in 1983 and headquartered in Cologne, Germany and subsidiaries in Berlin and Munich, Showtec is a leading supplier of state-of-the-art lighting, audio, plus a broad range of LED equipment to a wide range of market segments including trade fairs and expositions, public and corporate events, concert tours and television productions.
"Showtec has an excellent reputation in the industry for maintaining the highest standards of quality for its equipment and services," said PRG Chairman & CEO Jeremiah 'Jere' Harris. "Their seasoned management team and experienced production staff will add depth to our organization and we are proud to welcome them to the PRG family."
Wilfried Schiefer said: "This was a logical move for us, as both Showtec and PRG are committed to providing integrated services (audio, video, lighting) to our clients on a global basis. We are particularly pleased that our clients will now benefit from the depth of our combined inventories, including the many innovative PRG proprietary products, as well as the wide geographic reach of PRG."
(Claire Beeson)
