The Wakefield, England-based business supplies and services group has acquired Derby’s Irongate Group, including RAM Print.
According to Insider Media, the move has added £20 million ($26 million/€22.9 million) in turnover to the CBS group, bringing it up to a total of £120 million ($156.3 million/€137.6 million)
“Irongate is a fantastic company with a wonderful mix of corporate and regional business, and a healthy mix of products and services, and their specialist in-house web to print service will further strengthen our print proposition,” elaborated CEO of Complete Business Solutions, Richard Coulson. “Adam Noble, Managing Director of IG/RAM, has built an exceptional team and an exceptional proposition and we are all very much aligned on what the future service provider should look like and we are excited to be working together.”
Noble himself said: “Irongate have been in business for over 41 years under the same ownership and together we have built a great business with a unique portfolio of services, the decision to work with Richard and the Complete team for the next chapter in the Irongate success story appealed to me and the shareholders.”
“We love what Richard and the Complete team are building,” Noble continued, “and we believe we have found a new owner who will help the team at Irongate to continue to grow and I firmly believe that our team will also make a significant contribution to the group, a true win-win for all connected.”
Coulson went on to call Irongate “a truly excellent addition,” and described himself as “really pleased with the progress we are making.”
“This acquisitions is a perfect fit for us and our strategic plan,” he added. “It gives us more high calibre people, it strengthens both our senior and regional management teams, it strengthens one of our existing service divisions and adds another key regional location taking us to 21 strategically placed sites across the UK.”
“This is a very exciting time for everyone connected with Complete as we continue to build both our national/ regional platform and our complete portfolio,” Coulson concluded.
