Ultimate buys Intempo
Sourcing business Ultimate Products in Oldham has bought digital radio business Intempo for an undisclosed sum, and its managing director is on the look out for more deals. Manchester-based Intempo, which was founded in 2003, supplies iPod and MP3 speakers, docking stations and accessories and DAB radios to retailers including Argos, Amazon, ASDA, John Lewis, Play.com, Comet and Toys R Us.
The Business Desk.com, 27/4
Ultimate’s CFO, Andrew Gossage says of Intempo: "Its products are edgy and stylish yet still affordable, but our view is that it is an under-exploited brand. We hope to take Intempo’s turnover to £10m in the first 18 months and after that the sky’s the limit."
Manchester Evening News 27/4
http://www.drdb.org/newsletter/index.php?id=494
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