George Waterston & Sons has agreed to buy the business of fellow Edinburgh-based printer Mackenzie & Storrie, in a deal that will see the companies move to a 5,500m2 purpose-built site in the city in late 2002.
"There are good synergies between the companies, but we offer quite diverse product ranges. It makes good sense to combine the two operations," said George Waterston & Sons chairman Graeme Douglas.
The firms will continue to trade independently, retaining both trading names.
Both operate in the financial printing sector, with Waterston handling security printing such as cheque books.
Mackenzie & Storrie produces report and accounts.
All of the near-200 staff employed across the two sites will be retained. The combined operation will have a turnover of 11m.
Have your say in the Printweek Poll
Related stories
Latest comments
"Been there too!"
"Very True"
"Customers expect quality as a basic requirement so quality is no longer a selling point as its a given. Similarly so, accreditations are a nice to have and show customers that you are committed but as..."
Up next...

50 accredited partners offering GGS loans
Guaranteed Growth Scheme receives extra £500m as tariffs bite

Flatter and streamlined organisation
Stora Enso restructure to reflect renewable packaging importance

Took over in the role on 1 April
Paul Brough becomes Mail Users’ Association chair

Birmingham's Marco Pierre White restaurant