A Sunderland printing company has merged with two of the biggest names in the industry to become one large organisation which will see them become a leading force in print.
Precision Printing, based at North East BIC at Sunderland Enterprise Park and which also has a site in London, has now joined forces with Sheffield-based ProCo and Prime Group in Nottingham to 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 value to both our customers’ operational marketing and wider business events”.
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”.
Gary Peeling said: “Our customers in the main are established brands which are looking to expand their market share though innovation, and businesses who are re launching or developing an e-commerce brand.
“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.”
“This is also great news for both our London base and our base in Sunderland as this merger allows us to be part of an organisation which will lead the way in innovation and technology, as well as giving us the opportunity to grow and create more jobs.
“As a company we’re very proud of our success to date and being recognised nationally as leaders in our field doesn’t just reflect well on us, but on both areas where we have such a strong presence.”
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 state-of-the-art equipment means the new organisation has the strongest offer in the country, with 15 digital presses, four litho presses, high speed inkjet, large format, laser cutting and a range of specialist finishing lines.
On an individual basis the companies have previously been recognised for their innovations and training, along with a strong commitment to being environmentally friendly and promoting sustainability.
And it is these well-recognised individual strengths that will combine to give customers access to not only incredible value but also the best and most efficient methods of offline marketing.
Precision and ProCo will operate as Precision Proco, while Prime will retain its name with a new brand identity.