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Business

KPM Group acquires TMB Mailing

Print production and mailing house KPM Group has completed the acquisition of Kent-based mailing house and digital printer TMB Mailing.

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The combined business will have revenue in excess of £6m

Financial terms of the deal were not disclosed, but KPM Group says the purchase marks a bold investment for the business, given the current situation regarding novel coronavirus (Covid-19).

The deal was briefly paused as a result of lockdown earlier this year, but KPM Group founder and chief executive Nigel Copp says now is the right time to push ahead.

“It’s long been our intention to expand and growth through acquisition is a key strategy in our five-year plan,” Copp says.

“Adding TMB Mailing to the group is a great fit and enables us to expand our current service offering and gain greater stability in uncertain times through consolidation.

It’s long been our intention to expand and growth through acquisition is a key strategy in our five-year plan

“Mail’s reach and effectiveness continues to be demonstrated, so as we exit lockdown and businesses get back on track this will prove a great addition.”

KPM Group managing director Marian Lively also praises the deal, saying the synergy between the businesses was a key consideration. The merged company is expected to have revenue in excess of £6m.

He adds: “As a business TMB are very similar to KPM having the same core strengths and values - a loyal client base, strong focus on service and an experienced team.

“This will enable us to continue to offer our group clients fast, efficient print and mailing solutions, while adding extra capacity to the mix.”

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