Mon, 23 Dec 2024 | BUSINESS SALE
Magazine binder manufacturer Modern Bookbinders, whose clients include Manchester United, has been bought by print marketing firm The Flow Group.
Modern Bookbinders, based in Blackburn, specialises in the production of magazine and loose-leaf binders, slipcases and record of achievement folders for schools.
The business serves a diverse client base, from individuals preserving personal collections to larger organisations such as Manchester United Football Club.
It also works with schools across the UK, and international customers with a large market share in France.
The company was founded in 1930 by a Blackburn-based solicitor and was acquired by the grandfather of current managing director and owner Warren Eastwood after the Second World War.
West Yorkshire-based The Flow Group was set up by husband-and-wife team Richard and Helen Standing and friend Mick Taylor in 2008. It is a marketing and fulfilment specialist. Its brands include Mr Flyer and the Personal Print Portal.
It has acquired Modern Bookbinders entire operation, including machinery, equipment, stock, and its expansive client list after it was put up for sale.
The acquisition, completed for an undisclosed sum, will Flow Group said, ensure the continuation of services for Modern Bookbinders’ customer base, while enhancing its own manufacturing capacity.
Plans are already in place to reconfigure The Flow Group's premises to incorporate Modern Bookbinders' machinery, and two key members of the firm’s team, including a production manager with 42 years of experience. Eastwood will also remain on board in a consultancy role.
Richard Standing, managing director of The Flow Group said: "We are incredibly proud to carry forward the legacy of Modern Bookbinders. When we saw that a business with nearly a century of history was at risk of being dissolved, we knew we had to step in. This acquisition not only preserves their impressive heritage but also strengthens The Flow Group’s ability to meet the growing demand for high quality document storage and presentation materials."
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