PRECISION BUYS MANARK IN GROWTH DRIVE, GETS 10-COLOUR B1

Precision Group is continuing its acquisition growth drive, buying Manark Printing, just six months after it merged Melbourne Mailing into its business, in a deal that will see a ten-colour B1 Heidelberg move to Precision.

Cory Hall, CEO of the Precision Group, said, "We wanted extra fire-power and additional staff expertise. I looked at five print companies, did due diligence on two, and Manark stood out. It has never missed a deadline, has skilled craftsmen, and quality press and bindery equipment.

Manark will now move into the Melbourne Mailing facility in Freight Drive, Somerton, which will also house the Precision plant – including its six-colour A1 offset press – over the Christmas and New Year period..

Manark was established two decades ago, and merged with J & J Printing in 2011, and has been on a growth trajectory ever since, doubling in size since the merger, with the Murphy family at the helm. Brendon Murphy and family will now step away from the business.

All Manark staff were offered positions at Somerton, with some moving across and some moving on, as Somerton is a good hour and 15 mins away from Manark's current location.

Cory Hall, who established Precision Group in 2008, and is its CEO, said the acquisition will deliver significant benefits to both organisations, he said, “The Manark Printing team has decades of industry experience, and a reputation for quality that sits perfectly with our growing business.

“We are excited to welcome the Manark team into the Precision family, and excited about the benefits this will bring to existing a new customers.”

The new Somerton facility houses the  full service marketing agency powerhouse, offering direct mail, print, graphic design, data analytics and logistics services, which Precision says will rival Australia’s largest providers. 

 

Manark produces everything from small runs of digitally printed products to offset business cards, stationery, leaflets, brochures, and magazines right through to high-end demanding projects that may require embellishment or a speciality finishing techniques.

Hall said, “Exisiting Manark customers will now have seamless access to one of Australia's best equipped mailing operations, which will deliver simplified supply chain management and increased speed to market.

Precision Group was founded in 2008, and some 14 years on, has made its mark in the print, direct mail, fundraising and marketing agency space, quickly establishing a stronghold in Australia, and expanding operations into New Zealand. It runs the six-colour A1 offset press, digital presses, and inkjet press, and a host of finishing and mailing equipment. Its print is a back-end function of its front-end activities, and is growing strongly, with CEO Hall saying “it is 20-25 per cent bigger year on year”.

Hall has 25 years’ experience in the industry, including 11 years with Melbourne Mailing where he started his career as an apprentice, and then worked in a variety of roles, including machine operator, production manager, business development and operations manager, before leaving to found Precision Group.