Italian firm acquires major Wiltshire printing companies
Summarised from 2 outlets · Updated 21 Oct, 06:08 · Archive
Italian firm SoFiGraf has acquired British printing companies CPI Books and CPI Antony Rowe through its subsidiary GV Group. The deal closed on 13 October following six months of what the firms described as 'lengthy and demanding negotiations'.
CPI Antony Rowe operates facilities in Chippenham at Bumpers Farm Industrial Estate and in Melksham on Pegasus Way in Bowerhill. The two companies together employ just over 900 people, generate around £127m annually and produce more than 100 million books each year.
Alison Kaye, managing director at CPI Antony Rowe, said the acquisition marked an 'exciting next step' for the business. GV Group said the deal nearly doubles the size of the group and follows a principle of printing each book in the country chosen by the publisher to combine international strength with local production.
The firms said the acquisition will enable investment in people, training and equipment.
How it is being reported
- Industry-leading firm in Wiltshire taken over in major dealA major manufacturer with multiple Wiltshire facilities has been taken over in a landmark deal.Gazette & Herald · 21 Oct, 05:00
- Industry-leading firm in Wiltshire taken over in major dealA major manufacturer with multiple Wiltshire facilities has been taken over in a landmark deal.Wiltshire Times · 21 Oct, 05:00
In this story: SoFiGraf · GV Group · CPI Books · CPI Antony Rowe · Chippenham · Melksham · Alison Kaye
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