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Bannershop boosts business with search for large format partners

Tuesday, 12 October 2010
By Print 21 Online Article

Large format digital printer, Bannershop, is on the look out for other printers and brokers to join forces with in a move to expand its presence throughout Australia.

The business has embarked on a major growth path over the past two years. The next expansion phase includes both putting on an external sales team in Sydney, Melbourne, Brisbane and Perth, and creating partnerships with a large format digital printing companies or print brokers in Melbourne, Brisbane and Perth.

 “We can either just grow our production hub and sales office based in Sydney, or establish relationships in the other major capital cities with existing large format digital printing companies or print brokers,” said Joseph Luk, chief operating officer at Bannershop International.

“Our business model is one which has proven the test of time and the Global Financial Crisis and we want to share some of the strength of our business with other like-minded companies.”

Bannershop is currently advertising for expressions of interest for either joint venture or acquisition from large format digital printing companies and print brokers in Melbourne, Brisbane and Perth to form exclusive partnerships within each state.

“It is more useful at this stage to acquire companies or enter into joint ventures with companies that can expand on what Bannershop already does rather than go into a diversified area of printing which is not in Bannershop’s current core offering,” Luk said.

“Print brokers appeal to us because they are sales-driven. Their focus on building customer relationships is one of the major reasons for us to set up presence interstate and gradually grow our production capacity within each state.”

Luk added that there have already been talks with a few interested parties. “We are really waiting to see what our advertising reveals before we have any serious discussions,” he said.

Expressions of interest close 17 December. Interested parties can contact Joseph Luk here.

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