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Plm Global Announce Plans For Next Growth Phase With New Management Team And Ownership Model

PLM Global is a Nottingham-based solutions provider specialising in the supply, repair and maintenance of hand-held data capture devices, mobile print and EPoS hardware. From the 1st of August 2022, PLM Global began life under a new management team and ownership model, with Shane Watson becoming CEO and majority shareholder. This received the backing of SME Capital for funding, supported by local Nottingham companies, HSKSG Corporate Finance Specialists and Acton’s Solicitors.

As one of the founding shareholders, Shane has taken this business from strength to strength over the years, with the team at PLM Global enjoying eight years of rolling success by maintaining a forward-thinking and innovative attitude to the growth of the business, making them one of the fastest-growing businesses in their sector, with no plans to slow down.

Recent economic challenges faced haven’t stopped them from thriving or prevented their growth. The company, which started with just four employees – now boasts 21 with a 200 + client list spanning six continents and various industries. They have also rocketed to a £4.5 Million annual turnover. Their services have grown just as impressively, from an initial focus on legacy to their now ability and core focus to provide a complete solution, including the provision of the latest products and valuable expertise across legacy and new technology.

Supporting Shane is Wayne Swallow, who will be taking on the role of Chairman after being a Non-Exec in the company for the past 2 years. Wayne holds 30 years of experience in Retail Technology and Logistics, having held various roles, including Managing Director of Htec and IT Director of Nisa.

The new executive team will be made up of Rob Alcock, who has been promoted to Sales Director, Leroy Stratford, whose role is Head of Finance and Matt Leary, the Operations Manager. The team are more than proud of their achievements to date and the lasting partnerships that they have developed with both customers and suppliers and feel that this step is another step in the right direction for the next chapter of their journey at PLM.

Shane Watson, CEO, has said: “I am absolutely delighted with this outcome, we have worked tirelessly to get PLM Global to the stage it is at today. With our experienced and strong-skilled Board of Directors, I have every faith that we will progress further.”

For PLM Global, it is very much business as usual. After last year’s impressive growth, Wayne and Shane see a huge opportunity to continue their upward trajectory and brand reputation as one of the most trusted brands in the barcode and EPOS industry, whilst keeping the company vision, values and client promises at the heart of PLM.

PLM Global are a forward-thinking solutions provider specialising in the supply, repair and maintenance of hand-held data capture devices, mobile print and EPoS hardware. The company focuses on environmental considerations and supports its clients in repairing, refurbishing, and reusing existing equipment – a valuable service when ecological credentials and cost savings matter. PLM also offers ‘buy-back’ for old inventory. In the rare instance that equipment no longer has a resale value, it will provide a free disposal service driven by their environmental focus on sending as little as possible to landfill.

The last few years have been tough for all businesses. Good news stories have been few and far between. From Covid to Brexit, Global IT shortage, Semiconductor shortages, rises in energy costs and problems caused by the war imposed by Russia. But the team at PLM Global has demonstrated first-hand that it’s possible to survive and thrive in these challenging circumstances.

Adaptability is key to business survival, and their team understands this well. They have also taken several steps to ensure continuity of supply and service for all of their customers. Including; having 2 UK-based repair, rental and refurbishments sites. One in Portishead and one in Nottingham. This has given them resilience because they were not dependent on a single site and had fewer EU supply chain requirements. Their customers must know there is a trusted, flexible and responsive service locally. The available stock has also been increased to supply refurbished units and offer additional buyer stock or short-term rental facilities for their customers to increase the capability and reduce the dependence on international supply chains. Lastly, where projects for new equipment have needed to be delayed, they have provided services to support and maintain older equipment until business conditions improve. The PLM team continue to support shorter-term service agreements for periods as short as three months to support their customers in this time of uncertainty.

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