SPAR Group, Inc. Enters into a Material Definitive Agreement with Robert G. Brown
January 25, 2019 at 04:20 pm EST
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On January 18, 2019, SPAR Group, Inc. and Robert G. Brown reached a settlement in the By-Laws Action and the 225 Action as such terms are defined below and had the Actions then dismissed. In connection with the settlement, Lorrence T. Kellar retired from the Board of Director of the Corporation and Jeffrey Mayer was appointed and seated as a Director by the Board.
SPAR Group, Inc. is a global merchandising and brand marketing services company. The Company is engaged in offering merchandising, marketing and distribution solutions to retailers and brands. It provides the resources and analytics that improve brand experiences and transform retail spaces. Its segments include Americas; Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA). The Company provides six principal types of services: merchandising and marketing, category management and setup, remodel and retail transformation, assembly and installation, business analytics and insights, and fulfilment and distribution. It represents various manufacturers and/or retail clients in a range of retail segments and stores worldwide. Its clients in the retail segments include convenience, cash and carry, home improvement, consumer electronics, automotive, and others. Its clients in the manufacturer segments include personal technology, consumer electronics, consumables, and others.