FEY Promotional Products Acquires Magna-Tel Inc.
FEY Promotional Products, Edgerton, Minn., has acquired Magna-Tel Inc., Cape Girardeau, Mo.
“This acquisition brings together two long-standing suppliers of promotional products,” said Mike Fey of FEY Promotional Products. “We truly are excited to have the opportunity to align ourselves with a company such as this that has a long-standing reputation of the highest product quality and an extensive history of excellent customer service.”
“I’m very excited to have become a part of the FEY Promotional Products family,” said Mindy Statler, operations manager for Magna-Tel Inc. “FEY PPG is one of the promotional products industry leaders and aligning with their team enables Magna-Tel to move upwards to greater things not yet achieved.”
“Mi Line by FEY of course produces magnets, but this union will result in something very special,” said Ron Williams, marketing director for FEY Promotional Products. “With the ability to completely customize relevant consumer-needed items in addition to moving into the tech side of promotional items via the Magna-Tel ‘Skinz,’ I see this as a win for FEY, a win for Magna-Tel and a win for the entire promotional products industry. In reality, FEY PPG and Magna-Tel are rarities in the promotional products industry because they both concentrate on manufacturing their product lines rather than import and decorate, so in my mind, it’s also a win for our country.”
For more information on FEY Promotional Products, visit www.fey-line.com. For more information on Magna-Tel Inc., visit www.magna-tel.com.