Categories: Business NewsFinance

Slough: Print for Business acquired by Somerset-based CFH

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TBM Team

Slough-based Print for Business has been acquired by Somerset print and mail company CFH for an undisclosed sum.

PFB is a £4.5 million turnover print and mail business which employs 33 staff. The business was established in 1992 and Paul Foley, the company's managing director, is to oversee the integration and remain with PFB in a sales role.

PFB is to remain the trading name of the Slough company.

Dave Broadway, managing director of CFH, said: "There is good synergy between our businesses, and I am looking forward to exploring the benefits that CFH can bring to the clients of PFB and vice versa.

"PFB provides additional volume in terms of transactional mailing in both public and private sectors, as well as other strategic document mailings including electoral work, which is a growth area for CFH.

"This is the second acquisition CFH has made in the past 12 months, the first being FST in Livingston, Scotland which is now integrated fully and successfully into the group. We continue to seek further acquisition of transactional mail companies in other areas of the UK."

Foley added: "Over the last 20 years PFB has established a reputation for its quality of service and breadth of offering. We are now looking forward to this new phase of development with CFH, which will create new and exciting opportunities for our business."

CFH has a turnover of £25m and employs about 200 staff in Radstock as well as 24 in Livingston, Scotland. It has more than 10,000 customers.

Resources: Print for Business website

 

 

TBM Team

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