MAC Group Acquires Tenba Photo Bags
The MAC Group has been a partner in the
Tenba photo bag business for several years, but they've recently
announced that they've completed the final phase of acquiring the
company. MAC is planning to increase its investment in the company
significantly and has some big plans for the future."We've grown our bag business over fourfold in as many years," sas Jan Lederman, president of both MAC Group and Tenba. "The company is forecasting 2011 to be its biggest year by far, and is expecting the business to double over the next two years."
Part of that growth will come thanks to MAC's commitment to put Tenba bags into the hands of a broader audience, targeting demographics that they may not have in the past.
The other part will be from a complete rebranding of Tenba bags. Everything from the look of the bags to the logo are changed to reflect the changing times.
