Latest News

Buscombe Vicprint and Prestige Plates merge.

Tuesday, 24 April 2001
By Print 21 Online Article

There will be no redundancies among the more than 250 employees involved in the merger between Buscombe Vicprint and the Prestige Plate Group (PPG). Citing the growth strategy behind the move, Alistair Hill, CEO of the newly named, Buscombe Limited, said he hoped all the employees would take up the offer to join the larger group.

“Buscombe Limited will retain existing PPG staff who will provide strong management and industry expertise to complement the existing core competencies of the BVL team,” he said.

The PPG business consists of a number of well-known prepress and printing firms in different states: Southport Printing, In Kolour and Splash Colour in Queensland, Prestige Plates in NSW, and Chanel Press at Sunshine, Victoria. The merger sees Chanel Press staff and equipment move to the two-year-old Mount Waverley headquarters of Buscombe. All will trade under the Buscombe Limited banner.

Private investors own both companies and at this stage Hill maintains there are no further expansion plans in the offing.
“We’ll take our time and bed this one down before we think any further,” he said.

Buscombe, which identifies itself as “a Heidelberg shop”, will inherit two large Komoris at Mount Waverley to complement its Speedmaster 102s as a result of the merger. The Queensland printing operation is entirely Komori.

Only the Mount Waverley plant has installed CTP with a Trendsetter already in operation. This will be joined by the first Heidelberg Topsetter CTP in the country in time for PacPrint.

Buscombe claims leadership position in direct mail special products, utilising a Hunkler mailer as well as folders and gluers to create the complex, personalised pieces. Hill describes it as a very stable part of the business.
“The merger will take advantage of the synergies between the two companies and create a new company with unparalleled assets and the ability to deliver an unmatched selection of services, nationwide,” he said. “The expanded service will bring great benefits to our clients. For shareholders, it means we’ll be able to grow in ways we couldn’t have as separate companies.”

Comment on this article


To receive notification of comments made to this article, you can also provide your email address below.