Sydney's Access Print Solutions has continued its national expansion by buying Adelaide web offset business Cadillac Printing that was to shut down this month.
Almost a year to the day since Access acquired Adelaide's Graphic Print Group, the company heard last month that Cadillac's owner Wayne Sidwell - founder of Wellcom Group - had decided to close his print business based at North Plympton.
"It just fell out of the sky for us," says Brenda Esterhazy, Access spokesperson. "We had read that Cadillac was closing down and they were a client of ours. So our directors popped around to see what was happening and and it was one of those light bulb moments that was meant to happen."
Access has acquired Cadillac's assets and real estate, saving "as many personnel as possible," and rebranded the business as GraphicWEB. The new company last night issued its first press release:
For over 50 years, Cadillac Printing serviced the printing needs of many national and local businesses delivering the highest quality print material, from magazines and newspapers to brochures and leaflets.
After a decade of decline in the Australian Printing Industry, a good news story has finally invigorated this manufacturing sector.
Sydney based Access Print Solutions brought Adelaide based Graphic Print Group in August 2015. Graphic Print Group has undergone a metamorphosis over the past 12 months driving operational efficiencies has led to near maximum capacity at the Richmond plant.
Hearing the news of the Cadillac Plant closure in New Plympton, Mark Holmes and Norbert D’Souza the Directors immediately realised the potential to integrate two S.A. based companies and cross-sell to the market with a greater product offering.
Within only a few weeks of the closure being announced, Access Print Solutions has acquired the assets and real estate while saving as many personnel as possible. The relaunching into GraphicWEB has transpired with the commencement of operations on 22nd August.
The economic impact to S.A. will be considerable. Customers will again be able to purchase Colour Web Printing at competitive rates, without the additional cost of interstate shipping. When launching new marketing campaigns, timing is always critical. Being a large scale print manufacturer, GraphicWEB can facilitate and service mass market penetration by maintaining a local presence in S.A. GraphicWEB will complement the 2 sheet fed businesses.
"We love Adelaide and it's a terrific story for us," says Esterhazy.
Access Print Solutions now has three locations - one in Sydney and two in Adelaide - and remains on the lookout for opportunities. "We're always on the lookout for businesses that might be a good fit," says Esterhazy. "We run 24/7 here in Sydney now and we're almost running 24/7 in Adelaide. We're lucky to be very busy and we really appreciate the support of our clients."