Wellcom takes iPrint under its wing as Australia Post walks

Print management venture, iPrint, will cease trading as a separate entity after ten years of being a joint venture between Wellcom and Australia Post.

Wayne Sidwell’s company has taken up the other 50% of the JV and will continue to provide Australia Post with pre-media and print management services.
According to Sidwell, CEO of Wellcom, the working relationship with Australia Post will continue and he remains cautiously optimistic about the prospects for continued solid growth in the next financial year.

“We continue to enjoy a good working relationship with Australia Post and look forward to our long-term relationship continuing,” he said.

According to an Australia Post the JV no longer fitted in with its corporate strategy. In a statement it said, After conducting a review, we found that this no longer aligns with our business priorities under our Future Ready business renewal program.