Stream Solutions goes global

Under the ownership of Toll, Stream prepares for a round of acquisitions, including expansion throughout New Zealand and Asia.

The news was announced by Stream CEO, Andrew Price, at last week's annual conference in the Gold Coast.

"Stream is on a serious acquisition path," Price (pictured) said.

Price said that Stream was looking for "sticky customers" – those who have long-term contracts aligned to Stream's way of doing business, and engaged, motivated staff in areas such as promotional products and design. "We're not a transactional business and don't bang on doors for one-off jobs," he added.

Stream will also look at integrating Toll services that fit with its supply chain.

Toll already approved five possible acquisitions this year, which Stream later decided not to proceed with. Future acquisitions, which could take place in a matter of months, will not be confined to Australia. Price also announced the company's move into New Zealand and Asia.

"We see New Zealand as a natural progression for us," he said. "Asia is the fastest print market in the world and one that our model has a great future in."

Toll's acquisition of Stream in 2007 was the best thing to ever happen to the company, according to Price, as it gives the company the opportunity to grow even further.

"With Toll's backing, I'm now more excited about Stream and our potential than I have ever been," he said. "Our business has a long way to go."

To read about Stream's annual conference, click here.