Wed, 24 Aug 2011 | MERGER
Two Norwich printing firms are preparing to merge in order to strengthen their combined position in the industry. Norwich Colour Print and Crowes will operate from one site in Drayton, which is owned by Norwich Colour Print.
Established over two hundred years ago, Crowes once printed handbills of hangings at Norwich Prison. The firm has moved with the times, and since a management buy-out deal in 2000 has invested in modern state-of-the-art digital print technology. It is presently still located at Norwich International Airport Industrial Estate.
Norwich Colour Print was founded in 1985 and is family-run. Together the firms have 72 staff, and some of these jobs may be lost, although this will be kept to a minimum, Simon Tilbrook, Crowes’ managing director, said.
“Within our industry and the shrinking market for print, it’s exactly the right thing to do. If we want to survive, we have to get bigger.”
“The merger would unify our core strengths which would undoubtedly prove advantageous to our customers and staff,” Mr Tilbrook added.
It is anticipated that the merger will be finalised on 19 September, and a new business name may be used.
______________________________________________________________
You can view our current printing business for sale opportunities, and don't forget that subscribers can contact the administrators of any printing companies that enter administration across the UK here.
The company is a well-established specialised contractor offering commercial decoration services across Central Scotland, known for its strong relationships with Tier 1 construction organisations and preferred contractor status. With a diverse projec...
This market-leading business specialises in bespoke, luxury kitchens and whole-house furniture, with expertise in handmade designs using responsibly sourced local hardwoods. Catering to high net-worth individuals, the company boasts a strong team and...
A well-established travel company with over 14 years of experience, it specialises in weekend breaks, five-day adventures, and summer holidays across the UK and Europe, offering the convenience of a door-to-door pick-up service. The business benefits...
FREEHOLD
07
|
Jul
|
Independent property firm acquires Blackpool estate agent | BUSINESS SALE
An estate agent based in Blackpool has been acquired by grow...
07
|
Jul
|
Poke restaurant chain acquires rival | BUSINESS SALE
Honi Poke has acquired rival poke chain Island Poké i...
07
|
Jul
|
MSP Contrac IT set for M&A growth after acquisition by telecoms group | BUSINESS SALE
Venridge Limited, a Yorkshire-based managed services provide...
07
|
Jul
|
PE-backed accident services group makes significant acquisition | BUSINESS SALE
Activate Group, an accident management services provider bac...
07
|
Jul
|
MSP Contrac IT set for M&A growth after acquisition by telecoms group | BUSINESS SALE
Venridge Limited, a Yorkshire-based managed services provide...
07
|
Jul
|
Poke restaurant chain acquires rival | BUSINESS SALE
Honi Poke has acquired rival poke chain Island Poké i...
Business Sale Report is the complete resource for finding genuine 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.