Energi Print buys Central Coast Printing
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Long established Central Coast Printing (CCP) has found its white knight and been bought out of administration by Victorian company Energi Print, in a move which marks the first stage in Energi's interstate expansion plans.
CCP will be rebranded as
Energi Print NSW, and will be re-equipped within two years. Virtually all of
the 70 former staff at CCP have been re-employed with previous owner Noel
Vidler, his wife Anne and daughter Alison all now part of the Energi Print
team.
Haydn Brehenv, joint managing director of Energi Print says,
"We had been looking for a high quality printer in NSW. This purchase will enable Energi Print to
better service our existing New South Wales based customers and to continue
to grow the business on the central coast."
Energi Print was founded
ten years ago and is a specialist UV printer - it is the country's biggest
printer of magazine covers, with most of the industry's major publishers on its
client list. It is also a waterless and
lenticular printing pioneer. It went through an mbo two years ago, with Haydn
Breheny and Graeme Lidgerwood now owning the company.
Brehenv says,
"Consolidation is the way forward for print in this country, there are
just too many printers and too many presses. Consolidation enables costs to
decrease."
Energi Print intends to
build on the purchase of Central Coast Printing in the future. Brehenv says,
"Blue Star and Geon have shown that through consolidation business can
succeed, they have shown the way."
Source: www.i-grafix.com - Australia
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