Tue, 13 Aug 2013 | MERGER
York Mailing has purchased its rival The Lettershop Group (TLG), after receiving a £10 million investment from the Business Growth Fund (BGF) in return for a small stake last month.
Yorkshire law firm Lupton Fawcett, Grant Thornton and DC Advisory advised on the deal.
Elvington-based York Mailing is the biggest supplier of printed items including flyers, media inserts and catalogues to British retailers such as Marks & Spencers, Tesco, Lidl and Boden. Founded in 1999, it comprises two web offset businesses – York Mailing and Pindar Scarborough.
TLG specialises in direct mailing for the financial services sector and has more recently moved into retail, providing a range of marketing services to its customers including Tesco, Sky and Marks & Spencer.
Together the businesses will have a 500-strong workforce across three sites and will offer a joint digital and web offset platform, to offer solutions for clients’ numerous needs, and with an advantage over its competitors. The merged entity’s turnover will reach almost £100 million.
Chris Ingram, CEO of York Mailing, told the Business Desk: “We have long admired TLG as a business given its outstanding client base and hybrid digital and web offset printing capabilities. It is a natural fit within the York Mailing business and we look forward to being able to offer customers an enhanced range of promotional printing services.”
TLG owner John Hornby added: “I firmly believe that being part of the UK’s most dynamic print provider offers a real opportunity for TLG to extend their leading technology to a broader customer base.”
___________________________________________________________________________
Related information:
Alpha Media Solutions in administration
MPG Printgroup to be sold in pieces after entering administration
The business commenced activity in 2012 and provides high quality care to its service users, enabling them to maintain as high a level of independence as possible. The owners are very experienced in health and social care and have built a business wi...
LEASEHOLD
Established in 2013 this care provider has become very well known in the local area for the high quality, tailored care and companionship they provide. The agency strives to deliver the very best home care services in the area and prides itself in de...
LEASEHOLD
Imports an extensive selection of toys and gifts, which are sold to trade customers throughout the UK and internationally. Has established a strong reputation within its sector for its innovative product range, competitive prices and exceptional serv...
FREEHOLD
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.