Print companies join forces to form major group
Three of the UK’s leading print companies are merging to form one larger organisation.
Precision Printing which has sites in both London and Sunderland, Sheffield based ProCo Print and Prime Group in Nottingham will from today (7 September 2020) become the Precision Proco Group, a multi-million pound operation which will be at the forefront of print delivery.
The merger will also include the highly successful online upload and print portal Where The Trade Buys and North East based digital solutions provider, Climb.
The companies have worked together for a number of years and the time is now considered right to formalise this arrangement and combine their expertise, with the promise of ‘providing further values to both our customers’ operational marketing and wider business events’.
(Left to right) Jon Tolley, Gary Peeling and Jon Bailey.
The new group will be bringing with it more than 60 years of experience in the print industry and will be able to offer nationwide coverage for all of its many services.
Gary Peeling of Precision Printing will become group CEO, Jon Bailey, formerly of ProCo, will take on the role of COO, Jon Tolley of Prime will be group CIO, Dominic Neary, will take the position of group CFO having joined from Just Eat bringing with him a wealth of experience of digital transformational businesses.
Also joining the new board as chairman and merger advisor is former British Airways director, Philip Osmond.
The driving force behind the move was the recognition that all of the companies shared a ‘combined passion to print differently for e-commerce.’
‘Our customers in the main are established brands which are looking to expand their market share though innovation, or businesses re launching or developing an e-commerce brand,’ said Gary Peeling.
‘This is particularly relevant in the current climate and we believe that what we can offer through this merger are unparalleled solutions for customers to do this.’
The company works across a whole range of sectors, printing for leading consumer brands and retailers along with developing a number of e-commerce products and platforms.
Huge investment in equipment means the new organisation has 15 digital presses, four litho presses, high speed inkjet, large format, laser cutting and a range of specialist finishing lines.
Precision and ProCo will operate as Precision Proco, while Prime will retain its name with a new brand identity.