Takeover #4 – NZ Aarque Graphics buys business assets of Frontline Technologies.
Aarque makes its way to the front line of the graphics supply industry with the takeover of Craig Paul and Greg Gemmel's Mt Eden-based business.
Frontline's computer to plate, computer to film, proofing and workflow technologies, services are expected to fit very well with the large and small format print solution provider.
"The acquisition strengthens both organisations in our combined offerings," explained Herbie Bult, director of Aarque. "The acquisition is a logical step forward for Aarque in providing a specialist channel for the technically intricate technologies of the CTF, CTP, proofing and plate industries."
Bult added that Frontline receives the benefit of an increase of resources from Aarque, which boasts a broad supplier portfolio, branch network and support.
The deal will see Aarque Graphics and Frontline Technologies continue to trade as individual entities, coming together for common technologies such as proofing, workflow and digital press opportunities. Key staff will also remain in their respective companies.
A believer in partnering with innovative companies, Aarque saw a great deal of promise in Frontline. "This partnering ethos is very much in line with Aarque's own partner of choice ethos," Bult said.
"While the technology landscape is very different today than it was even a decade ago, Aarque has continued to innovate and provide solutions that help our clients differentiate in their markets. With Frontline's own track record of innovation ... we see substantial potential benefits for staff, clients and suppliers of both companies."