The firms sales and marketing director David Graham and customer services director Phil Simpson joined up with new managing director John Savage and new finance director Kevin Barnsley to buy the business from its founders.
Savage and Barnsley had been looking for a company to buy and heard that Premier Prints existing owners, David Mack, Tony Storey and David Tye, wanted to sell their shareholdings. Mack plans to retire. It had a good track record and had been around for a while, but we also saw the potential in it, said Savage.
Savage and Graham both have experience in print management and print buying, and plan to grow the 4.6m-turnover, 36-staff business substantially by providing a total print management service. We have the facility for handling large print contracts and not just in litho, but also web, labels and packaging, added Savage.
Savage has 20 years experience in print, including spells at Heanor Gate, Brampton Print, Loxleys and latterly as projects director at marketing firm Equanim.
Story by Rachel Barnes
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"Well done all involved... great to see the investment to increase the productivity in the same footprint- much more sustainable than popping another one up."
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
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