Opus signs on in Singapore

Acquisition of Singapore-based COS Printers extends private equity group, Opus, into the Asian market.

The group, led by Cliff Brigstocke (pictured), announced a strategic alliance with COS Printers in Singapore and Hung Hing, headquartered in Hong Kong, with several print facilities in China earlier this year. Now, the two have officially joined forces in a move to work with global publishers and provide a regional print solution to areas including Asian, Britain, Europe and the United States.

“COS is an excellent fit for Opus Print Group,” Brigstocke said. “We have established a very close relationship over the past nine months, which was reinforced by the signing of a strategic alliance late in 2009.”

COS Printers, which employs 80 staff, exports over half of its production overseas. Founder, Alfred Ang, will be appointed to the Opus Print group board as a result of the deal.

“For COS, this is an exciting opportunity to join a group with an already established leadership position in the industry and a clear vision for creating further value for all stakeholders from a commitment to excellence,” he said.

Last year was a busy time acquisition-wise for Opus and saw the takeover of ACT-based CanPrint and Union Offset. Earlier this year, the company also announced that it would open Ligare New Zealand, to be run by Richard Celarc, who founded Ligare in Australia.