New opportunities with print firm merger deal
A Sunderland based print company has merged with two of the biggest names in the industry and aiming to become a leading force in the sector.
Precision Printing – based at North East BIC at Sunderland Enterprise Park and which also has a site in London – has joined forces with Sheffield-based ProCo and
Prime Group in Nottingham, to become the Precision Proco Group, a multi-million pound operation bidding to be at the forefront of print delivery.
T h e c o m pa n i e s h ave worked together for a number of years and the time is now considered right to formalise this arrangement and combine their expertise.
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.
The driving force behind the move was the recognition that all of the companies shared a “combined passion to print differently for e-commerce”
M r Pe e l i n g s a i d : “O u r customers in the main are established brands, looking to expand their market share through innovation, and businesses who are relaunching or developing an e-commerce brand.
“This is particularly relevant in the current climate.
He added; “This is also great news for both our London and Sunderland bases 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.”
T h e c o m p a ny w o rk s across a whole range of sectors, printing for leading consumer brands and retailers along with developing a number of e-commerce products and platforms.
Precision and ProCo will operate as Precision Proco, while Prime retains its name with a new brand identity.