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IVE GROUP LIMITED — Merger & Acquisition 2017
Nov 16, 2017
65109_rns_2017-11-16_bc28c641-5a5a-46d8-b226-f70a653d7708.pdf
Merger & Acquisition
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ASX RELEASE – IVE GROUP LIMITED (ASX: IGL)
17 November, 2017
Blue Star Group continues growth in NSW through acquisition of Dominion Print Group
Blue Star Group (a division of ASX listed diversified marketing communications business IVE Group Ltd (ASX:IGL)), has today announced it has acquired Dominion Print Group (Dominion), based in Sydney.
Dominion is a provider of creative services, digital print, offset print and warehousing and logistics services that currently operates out of two sites in Silverwater, Sydney. The business has built a strong reputation supporting some of Australia’s leading brands through providing a wide range of services built upon a framework of highly automated customer tools.
Dominion will be integrated into Blue Star PRINT NSW also based in Silverwater. The combined business capabilities of Blue Star PRINT and Dominion will build further on the market leading service and technology offer that is unmatched in the Sydney market. This acquisition further consolidates IVE’s position as Australia’s leading vertically integrated marketing communications company.
Dominion owners, Kelvin Gage and Kevin Maybury, will both assume roles in the business along with a number of their staff.
Matt Aitken, Chief Operating Officer, IVE Group said, “Dominion is highly regarded within the industry, with a strong reputation for quality, innovation and service. The coming together of our collective experience, passion and capabilities positions us well in the market to ensure customers continue to benefit from a wide range of services.”
Kelvin Gage, Managing Director, Dominion said, “The synergies between our businesses are compelling. Both have a customer first culture, several decades of proven history and a pedigree of high performance, service, innovation and quality. I very much look forward to continuing to build on our successes as we combine and strengthen our offer to the market.”
For any enquiries please contact:
Matt Aitken, Chief Operating Officer, IVE Group Ltd
+61 413 740 774