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PPDS US becomes wholly-owned subsidiary of TPV Group

Company has set an ambitious target to achieve a top three market position in North America

PPDS, the exclusive global provider of Philips digital signage, interactive displays, direct view LED and professional TV products and solutions, has announced that its US business is now a wholly-owned subsidiary of the TPV Group – fully aligning the business with PPDS’ wider global operations. PPDS has set an ambitious target to achieve a top three market position in North America

Operating as a wholly-owned subsidiary of TPV, the world’s largest manufacturer of LCD displays, PPDS US will now utilise the full manufacturing strengths and resources enjoyed by teams across PPDS’ other international markets – including priority access to core components and materials for manufacturing continuity, and end-to-end supply chain systems enabling full control and monitoring of logistics streams.

“As part of the company’s long-term plan to exponentially expand Philips professional display sales on a global level, our growth in the North American market is a milestone in our success,” said Franck Racapé, head of global commercial at PPDS. “Our current business dynamic in North America is very promising and we look forward to further accelerating the trend, offering total display solutions for customers in all sectors, and positioning Philips professional displays as we believe they should be.” 

Helping to accelerate the growth of PPDS in North America, the US team will also receive support from PPDS’ newly announced global leadership team, consisting of Racapé, Martijn Van der Woude, head of global business development and marketing, and Robert Hsu, head of global product management.

Driving the business forward in the US, is Vince Schuster, who was appointed in October 2021 as the company’s vice president for professional displays.  

“This is one of the most exciting projects I have been part of during my career,” said Schuster. “The organisation is equipped with a complete, industry-leading product portfolio to suit a variety of key markets, including signage and information displays, hospitality TVs, interactive and collaboration displays, business TVs and DV LED.

“With TPV, the future for the US business has never been brighter and we look forward to our partners joining us on our journey and helping them to surpass their customer’s expectations with highly innovative and future proof solutions.”