Printing company’s acquisition creates £50m turnover group
West Yorkshire headquartered print specialist Hague Group has acquired PSL Print Management, creating a £50m turnover group.
PSL, based in Preston, supplies to various sectors including finance, retail, construction and automotive.
Public sector bodies include the NHS, police forces, and local government authorities, many of which use PSL’s hybrid mail offering.
The company has a staff of 55 and operates throughout Europe.
Hague Group managing director Graham Wain said: “I am delighted to welcome PSL’s team to the Hague Group, we have known the Directors for many years and have been impressed by PSL’s growth through innovation and the provision of exceptional services.
“The integration of our complementary businesses supports our overall strategy and ambition to become the best in the market, providing high quality solutions offering excellent value.”
PSL managing director Jim Gilliland said: “This is an exciting new chapter for PSL and Hague, where both successful businesses have joined together to provide an even stronger offering.
“Our team are looking forward to working together with Hague and continuing to provide innovative products and the service levels our customers have come to expect over the last 35 years.”
All the current management, sales, administration and warehouse teams will remain in place at PSL.
Hague Group now operates from 11 locations across the UK.
Later this year will see the company move its current head office and warehouse to a new 37,500 sq ft development.