Print management firm XBM acquires Birmingham base
A leading print management company, founded and headquartered in Leeds, has acquired a permanent office in Birmingham.
XBM has used £235,000 of funding from NatWest to secure its first office in the Midlands, expanding the company’s footprint outside of the North of England. The total investment in Birmingham will reach £750,000 by the end of the year.
Located in Aston, the Birmingham office will create 10 new jobs when it opens in March, adding to the 35 strong staff currently employed across XBM’s Leeds, Newcastle and Manchester offices.
Founded in 2008, XBM is one of the fastest growing providers of specialist office and production print equipment in the UK. The business has been growing at 20% a year and has a reported annual turnover of £2.5 million.
Plans for further UK expansion are already underway, with the company hoping to open an office in London within the next couple of years.
Justin English, managing director at XBM, said: ‘Birmingham has a high concentration of businesses that could benefit from our innovative services, which makes it the perfect location for XBM’s next phase of expansion. Thanks to the funding from NatWest, we have been able to purchase a permanent West Midlands base and increase our national reach. It is our tenth anniversary this year and we hope to continue leading the way as one of the most competitive print management companies in the UK.’
NatWest senior relationship manager William Islip said, ‘We have worked with XBM for eight years, helping Justin and his team purchase their Leeds, Newcastle and now Birmingham offices. We look forward to supporting XBM with its continued UK growth.’
Pictured (left to right): William Islip, senior relationship manager at NatWest, Justin English, managing director at XBM Limited and Richard Taylor, director at XBM.