Amari Plastics buys Graphic Printing Technologies
Amari Plastics has bought Graphic Printing Technologies (GPT), the two-year old wide-format printing solutions provider. GPT, which will continue to trade under its current name (but as part of Amari Plastics plc, not as a limited company), is to move to a new and larger building with increased office and warehouse space and a larger product showroom and demonstration facilities. Until the move all phone numbers, contacts and emails will remain the same.
GPT general manager Stuart Cole said: "It was always our intention to build a business that would catch the attention of acquisitive organisations like Amari Plastics. My only real surprise is that it has come as soon as it has. We have all worked really hard to achieve what we have so far and are very much looking forward to taking GPT on to the brand new levels that it was simply not possible to achieve on our own. ?
"The key message to our customers, suppliers and the market in general is that this acquisition will allow us to not only maintain, but improve on the core principles of our business. GPT will still be in control of its own destiny and we will continue to provide the unrivalled service and support that has helped us grow to the position that made us attractive to Amari. The only real difference is that we now have the backing of a multi-national corporation, which means we will have much greater influence in the industry, particularly in terms of financial strength and business security."
Robin Howard, chief finance officer of Amari Plastics, added: "GPT is an excellent acquisition for Amari Plastics and one that sits very neatly within our company portfolio. In a very short period, the company has grown to become a key player in the industry and have demonstrated exactly the sort of business acumen and approach we want to bring into our corporation. We will support GPT in its ongoing business objectives and fully expect the relationship to be hugely beneficial both in terms of profitability and market presence."
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