Pitmans LLP has acted on behalf of its longstanding client, Westcoast (Holdings), based in Theale near Reading, on its acquisition of Art Systems Holdings. The transaction was led by Stephanie Perry, assisted by Jasmine Murphy and Oliver Kelly.
Art Systems provides services and solutions to support printing, offering technical consultancy, demonstration services, logistics and pre-and-post-sales engineering to the design, graphics, signage, display and 3D markets.
Art System's product portfolio focuses on large-format and latex print-and-finishing hardware, software, media and supplies. In the past 24 months the company has seen significant success in 3D printing solutions.
Duncan Forsyth, Westcoast managing director, commented: "This acquisition represents a game-changing opportunity for Westcoast. Art Systems has been a driving force in the development of the wide-format sector and is a leader in next-generation 3D printing. Both industries are growing hard and fast. Access to Art Systems' technical expertise and range of distribution agreements with vendors like HP and Stratasys will give us a considerable competitive edge."
Perry added: “The acquisition promises great future opportunities for both parties.”
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