QEP Completes Sale of PRCI Business in France

BOCA RATON, Fla., March 24, 2025 (GLOBE NEWSWIRE) -- Q.E.P. CO., INC. (OTCQX: QEPC) (the “Company” or “QEP”) today announced that it has completed the sale of its wholly owned subsidiary, PRCI, S.A.S., to Spear & Jackson Group Limited and Neill France, S.A. in a stock purchase transaction having a value of 1.4 million Euros. PRCI, a distributor of tile and plumbing tools in France, was acquired by QEP in September 2004. Len Gould, QEP’s President and Chief Executive Officer, noted, “This divestiture continu ...