Signwriter snapped up by Hollywood Monster
Hollywood Monster has acquired a Leicester trade print supplier, retaining 25 jobs.
The joining together of Hollywood Monster and Sygnet Group, creates a combined business with 65 employees, a turnover of £12m and the capability to print over 15,000 sq m of high-quality, sustainable signage per day.
Hollywood Monster, Birmingham’s wide format printing and signage contractor, supplies to some of the world’s most high-profile brands and events, as well as exhibitions at London Excel and Birmingham’s NEC.
Late last month, Sygnet posted a notice of intention to appoint administrators.
However, the deal will see Sygnet continue to trade from its site in Leicester but undergo a rebrand to become Sygnet Fabrications. It will continue to provide totems, wayfinding, retail and corporate signage, as well as rollout programmes, under the leadership of Hollywood Monster.
Tim Andrews, chairman at Hollywood Monster said: “This is an exciting time of growth for Hollywood Monster, and we’re delighted that Sygnet, who has contributed so positively to the print and signage industry over the last 45 years and who share our values, can continue to deliver quality, cutting-edge projects as Sygnet Fabrications.
“We are especially pleased that the acquisition will lead to the retention of 25 members of staff, who have tremendous knowledge of the industry and have shown unwavering loyalty throughout their time at the company.
“Like Hollywood Monster, Sygnet started as a family run business who work tirelessly to meet the needs of its customers, and its approach to innovation and the production of quality products makes it a perfect fit as we continue to grow to become one of the largest trade printers in the UK.
“We will be investing a significant amount in the business over the next few years, and we are delighted to welcome the Sygnet team into the fold as we work together to deliver impactful and sustainable results to our customers.”