Integrity, which has retained all of the company’s 30 staff, sealed a deal with administrator Jon Law of Harrisons yesterday (4 February), following Topflite’s fall into administration.

Mark Cornford, managing director of the Midsomer Norton-based business forms printer, said: “They were a key supplier to us and we were probably spending about £250,000 with them anyway so I’ve always had my eye on them.

“They’ve got a great offering, good people and good products, but they had run out of cash and last month they started to get into trouble. I’ve been involved for the last fortnight or so and yesterday I signed the deal.”

Cornford said that he planned to run the £3m turnover business from its existing site for three months, before migrating it into Integrity’s premises.

Cornford added: “My view is, if we hadn’t bought the business, 30 people would have lost their jobs.”

Integrity Print said that the acquisition would bring opportunities to develop its digital print capabilities, as well as adding extra depth to its security and integrated product offerings.

“We will also look to develop and grow our their portfolio of label products across our client base,” said Cornford.