A North East print company has merged with two of the biggest names in the industry to form an organisation aiming to become a leading force in print.
Precision Printing, based at North East BIC at Sunderland Enterprise Park, has joined forces with Sheffield-based ProCo and Prime Group in Nottingham to become the Precision Proco Group, a multimillion-pound operation which will be at the forefront of print delivery.
The merger also includes the online upload and print portal Where The Trade Buys and Gateshead-based digital solutions provider, Climb Creative.
Adrian Dye, partner in the corporate and commercial team at Sintons, acted for Climb in the merger.
The companies have worked together for a number of years and directors said the time is now right to formalise an arrangement and combine expertise, with the promise of “providing further value to both our customers’ operational marketing and wider business events”.
The new group will bring with it more than 60 years of experience in the print industry and will be able to offer nationwide coverage for all of its many services.
Gary Peeling of Precision Printing will become group CEO, Jon Bailey, formerly of ProCo, will take on the role of COO, Jon Tolley of Prime will be group CIO, Dominic Neary, will take the position of group CFO having joined from Just Eat bringing with him a wealth of experience of digital transformational businesses.
The merger creates a group with 325 employees across the UK, with the 135 at Precision Print’s HQ in Sunderland and site in Dagenham being joined by 125 at ProCo in Sheffield, 56 at Prime in Nottingham and nine at Climb in Gateshead.
Also joining the new board as chairman and merger advisor is former British Airways director, Philip Osmond.
The company works across a range of sectors, printing for leading consumer brands and retailers along with developing a number of e-commerce products and platforms.
