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Michael Bernstein joined Leed's in 1992 and led the transformation of the company from a U.S. bags importer for the retail market to a leading gift and promotional products supplier. Bernstein led a first LMBO in 2000 to allow his family to partially exit the capital of the company. After five years of strong and profitable growth, he joined Polyconcept in 2005 through its acquisition of Leed's and became the group's vice chairman and CEO of Polyconcept North America. The group has since grown to a global powerhouse with anticipated sales in excess of € 700 million ($919.1 million) in 2012.
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