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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"No Mr Bond, I expect you to di-rect mail"
"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
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