Tuesday, October 19, 2010

News: Wright Printing Services acquired

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Rotherham trade printing specialist, Wright Printing Services has been acquired by Paragon Group UK Ltd.

The subsidiary of the Paragon Group, the document management specialist, has acquired the trade and assets of Wright Printing Services for an undisclosed sum.

With more than 40 years experience, Wright Printing Services offers its customers a range of great quality printed materials including business stationery, promotional materials, laser and continuous forms, NCR sets, books and pads and reel to reel direct mail.

As a trade specialist, Wright will strengthen and complement the portfolio of businesses that Paragon now has focusing on this area.

Iain Black, Paragon Group marketing and sales director said: "Our strategy is clear - we want to continue to invest in order for us to develop and offer a range of products and services to our clients. The integration of Wright Printing Services allows us to demonstrate our commitment to the trade market."

Wright Printing Services Managing Director, Ian Wright, added: "The Paragon Group is a major pan-European player within the industry and to be part of such a Group provides Wright's with a world of opportunity. The group felt that our offering was complementary to the portfolio of services already offered."

Entrepreneurs Ian Wright and Emma Dutton bought the firm from Nigel Dace and Alison Murrie in 2008. They ran the business since 1986 following their parents Keith and Joyce Dace, who established the firm in 1970.

WPS employs 40 staff and occupies 26,000 sq ft premises on Hellaby Industrial Estate.

This deal forms part of a wider strategy of growth for the Paragon Group, which has seen the business purchase over 12 businesses in the last decade.

Wright Printing Services website
Paragon Group UK Ltd website

Images: wrightprinting.co.uk

3 comments:

Anonymous,  November 15, 2010 at 11:20 AM  
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Anonymous,  November 21, 2010 at 3:56 PM  
This comment has been removed by a blog administrator.
Tom,  November 22, 2010 at 9:44 AM  

Just to clarify - It wasn't clear at the time I wrote the article that WPS had gone into administration. See PrintWeek for more info.

http://www.printweek.com/rss/news/1036676/Paragon-Group-acquires-Wright-Printing-Services-administration/

Cheers,
Tom

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