Tue, 24 Mar 2015 | MERGER
Welshpool Printing Group Ltd has merged with NRG Direct Mail in a deal that will mean all staff at both facilities will retain their jobs. Bosses have said that they hope to take on more staff as the business grows.
Welshpool Printing Group (WPG) has been situated in Welshpool since 1960 and employs a workforce of 49 staff members. NRG Direct Mail is based at Battlefield Enterprise Park in Shrewsbury and employs eight members of staff. Established a decade ago, the firm offers printing, packaging and posting services as well as managing direct mail marketing campaigns for its customers.
The two firms have been working with each other for a number of years, and Welshpool Printing Group director Paul Jones said the merger made “perfect sense”, reported the Shropshire Star.
He added: “The companies will continue trading as separate entities but because we both have a UK-wide client base, including many mutual customers, we see great potential to expand the merged businesses.
“It was a natural progression for WPG because a lot of our print jobs get delivered to mailing houses. Now we have brought the services together to extend our offer to customers. We aim to capitalise on the quality staff and great knowledge that we have within the companies. The ultimate goal is to grow our joint turnover over the next five years, creating new employment opportunities along the way.”
______________________________________________________________________
Related information:
How to expand your business with M&A or organic growth
This is a building services consultancy based in London. Benefitting from over a decade of trading, this dynamic company has built a diverse portfolio of Blue-Chip client projects across a wide spectrum of sectors, including Education, Industrial, Le...
An opportunity has arisen to acquire an IT company based in Aberdeenshire. This profitable business has grown consistently since it was established in 1989 to provide a portfolio of key IT support and services to its loyal customer base throughout Sc...
Provider of premium stationery brands to established corporate customer base. The company benefits from an in-house production department, which carries out debossing, foiling and UV printing, along with hand finishing. The company has well establish...
14
|
Jan
|
Intelligent Lending Group buys TotallyMoney | BUSINESS SALE
Fintech TotallyMoney has been bought by Manchester-based Int...
14
|
Jan
|
FDC exits Harry Needle Railroad Company after acquisition | BUSINESS SALE
Private equity firm Frontier Development Capital has exited ...
14
|
Jan
|
UK administrations update: January 7 – 14 | ADMINISTRATION
Since our last update, the following businesses have been co...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.