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SPG International Created

The Leggett & Platt Storage Products Group has been purchased by its management team and Pegasus Capital Group, with funding from PNC Business Credit. The sale was completed on September 9, and the new enterprise is now conducting business as a private entity under the name SPG International LLC. SPG is a manufacturer of storage products and material handling equipment for the food service, hospitality, grocery, convenience store, healthcare, retail and material handling markets. “We see tremendous potential to integrate operations, create efficiencies, bring in new technologies, introduce new product/customer innovations and profitably grow the business,” says SPG President and CEO Steven E. Darnell. “In the short term, this development will be transparent to our customers. Our operations will continue with the same facilities, employees and suppliers.”

Material Handling Equipment Distributors Association

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