SG World in Crewe has acquired neighbouring business The Printing House (TPH), which specialises in large format and litho printing.
Bosses of each company say the deal is a “natural extension” of SG World’s current print-based services, as well as being able to supply personalised workwear for existing sectors.
SG World provides print software support for businesses and schools where they aim to build best practice into visitor and contractor management, workplace safety and pupil safeguarding.
Its network already comprises several global offices including North America, Ireland, Belgium and Germany.
This latest acquisition will increase group turnover by 25%, and profits by 10%-20%, as well as physically expanding SG World’s location and manufacturing capabilities by 20%.
Mark Haase, CEO of SG World, said: “We are very excited to announce our acquisition of The Printing House.
“Our shared visions and values, coupled with our aims for what we wish to provide to our customers, makes for an innovative and exciting future for both companies.
“We had been on the look out for an acquisition in our supply chain for a couple of years.
“Part of our ambition was to extend our printing services to our clients, for whom we already supplied large format and litho printing, it made good business sense to take this in house.
“In addition, we were looking for deeper penetration of our products and services to our existing client base in the UK and internationally.
“After searching for a suitable acquisition, The Printing House opportunity became available, which ticked all the boxes, and had the additional service of producing personalised workwear.
“We are also very proud we are able to extend our commitment to Crewe in Cheshire, increasing our head count from 165 up to 200. That’s an impressive 17.5% increase in personnel.”
Peter Harrison, Joint Managing Director at The Printing House, added: “We are extremely pleased to be working with a company headquartered in Cheshire, which shares such similar ethics and values.
“We feel this is a fantastic fit and will allow us to continue to deliver superior quality design and print services at competitive timescales and prices.”
(Pic: Doug Kinsman – SG World Operations Director, Mark Haase – SG World CEO, Peter Harrison – The Printing House, Joint Managing Director)
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