Offset industry leader Southern Colour has joined with Melbourne printer Impact Digital to acquire boutique digital print innovator Intelligent Media under new parent company Southern Impact.
Offset industry leader Southern Colour has joined with Melbourne printer Impact Digital to acquire boutique digital print innovator Intelligent Media under new parent company Southern Impact.
“Two of Australia’s leading print houses are now owned by a common group of shareholders,” said a company press release. “As a result of the new structure, Southern Impact purchased the remaining share of Intelligent Media from director Shadi Taleb.”
The move will present great opportunities for the businesses, staff and customers, according to Rod Dawson, MD of Southern Colour.
“Our group has never been more excited about the opportunities that lay ahead and we believe our group is now well positioned for the future,” he said. “Intelligent Media is in an exciting growth phase and we are extremely happy that Shadi, the founder and former owner of Intelligent Media, will remain within the business.”
All three businesses will remain operating as they are now, according to a company press release:
For many years, Impact Digital and Southern Colour have had some common shareholding across the companies and now, the new parent company, Southern Impact, owns 100% of Southern Colour, Impact Digital and Intelligent Media. Southern Colour and Impact Digital are well-established market leaders in the print industry, whilst Intelligent Media is an innovative business with great opportunity for growth.
Current directors of Impact Digital, Heath Nankervis and Tony Parker, say the parent company adds a new dimension for their traditional digital customers. “This development has just created a whole new conversation we can have with our customers, discussing the entire Southern Impact group’s service offering.”