Pioneer acquires Northstar in balloon industry merger
The companies will be working with customers for a smooth transfer of business and timelines, Pioneer said in a press release.
“We’re excited to be adding Northstar’s products and capabilities to the Pioneer family,” said Ted. A. Vlamis, Pioneer’s longtime president. “They have developed a unique product personality and sharp sense for trends, and their line further strengthens our complete product offering. We’re looking forward to partnering with Northstar’s customers to mutually grow the balloon business.’
For now, Northstar customers will continue to place orders as they have in the past.
“It has been my greatest privilege to spend the last 10 years with our team building the Northstar brand,” said Nico Wyrobek, Northstar CEO. “Pioneer brings well-established manufacturing, logistics, warehousing and sales support and sophistication to support its continued development. I am extremely confident that the Pioneer team will be good shepherds of the Northstar brand, and I look forward to watching its growth in the years to come.”
The two companies have long had a working relationship, as they announced a partnership in 2010 that allowed Pioneer to utilize Northstar's Micro-Seal technology.