Member Article

BGF backs York Mailing with £10m investment

York Mailing Limited, the UK market leader in the specialist production of retail flyers, media inserts and catalogues, has attracted a £10m investment from the Business Growth Fund (BGF).

BGF’s investment, together with additional funds from asset based lending and existing cash facilities, will enable York Mailing to fund the process of investing in new state of the art printing presses, which will provide significant additional volume capacity and efficiency improvements.

The funding from BGF will also provide the financial means for opportunistic acquisitions and investments in the future.

York Mailing’s customers include some of the UK’s largest and best-known supermarket and retail brands including Marks & Spencer, Tesco, Lidl, Iceland, The White Company, Cotton Traders and Boden.

Based in Elvington near York, York Mailing was founded by Chris Ingram in 1999.

The company generated turnover of £75m and profit of £7.6m in the year ended May 2013.

Richard Taylor, BGF, commented: “You really only have to look at York Mailing’s excellent and long-standing client base to gain an understanding of company’s capability in delivering high quality printing campaigns and we look forward to supporting the company in these exciting times of growth and expansion.”

Chris Ingram, chief executive officer of York Mailing, said: “Since 1999 we have grown our business organically and through strategic acquisitions.

“Our investment in the new printing presses will add significant technological capabilities to the group and will mean that we are able to offer new and existing clients an unrivalled offering in the promotional printing market.”

The York Mailing group comprises of two web offset printing companies: York Mailing Limited, producer of retail flyers and media inserts; and Pindar Scarborough Limited, which specialises in the production of high quality catalogues, principally for the online retail market.

This was posted in Bdaily's Members' News section by Mark Lane .