JGA, which was bought this week for an undisclosed sum, has an annual turnover of 1.2m and employs 12 staff, all of which have transferred to Wyndeham. JGA will work with Wyndeham Kestrel and Wyndeham Connect to offer an end-to-end service to the packaging industry.
Mick Tooley, managing director of Wyndeham Kestrel, stressed that Wyndeham currently had no plans to relocate any of the three companies, adding that they were looking at a strategy of growth and diversification as a means of adding value for customers.
Tooley said: "This is very much about growth rather than consolidation. JGA has a fantastic capability on the packaging design side and we are looking to use that to bring as much benefit to our existing client base as possible."
Meanwhile, Dagsbrn has announced that it has acquired 86.77% of Wyndeham's existing share capital. Dagsbrn has extended the deadline for its offer until 1pm on 9 May 2006.
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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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