Member Article

London-based Precision Printing takes a stake in Sunderland’s First 2 Print

Precision Printing has taken a controlling stake in First 2 Print for an undisclosed cash sum and has become a partner in a major new product launch planned for early 2015.

First 2 Print will now trade under Precision’s recently refreshed brand for the off-line business and the online brands WhereTheTradeBuys.com and YourWalls.com will trade as before.

The executive team at First 2 Print remain in place led by Martyn Young managing director and operations director Donna Young who together will work to deliver the business plan for both the on-line and off-line businesses out of the Sunderland site.

The next six months will see a 100% expansion of the Sunderland site to 14,000 sq ft and major investments into equipment including the installation of a state of the art HP Indigo digital 7500 printer and other wide format equipment.

The online order site www.WhereTheTradeBuys.com is relaunching with an expanded product range

Donna Young said: “The dynamic team at First 2 Print have been very successful and are operating in two key strategic markets we have been looking to move into for some time; wide format printing and on-line upload and print.

“Once you are sure that you will be stronger and grow quicker together completing a deal is simple, it also opens up a new region that we hope will benefit from our Digital Charm products while giving Precision full national coverage.

“First 2 Print’s expertise will allow us to be able to provide a market leading wide format and display solution to our existing clients from day one with no learning curve.

Our automated print on demand capability will be used to support the growth of the online business www.WhereTheTradeBuys.com. Development of this business will allow better utilisation of our facilities all year round without any conflict with our existing integrated B2B2C customers“

This was posted in Bdaily's Members' News section by Ellen Forster .