AAB Holdings – the parent company for Pegasus Print and SOS Print + Media – has announced it is tendering for a substantial upgrade of its digital printing technology.
The decision to invest comes despite the unprecedented impacts of the COVID-19 pandemic but AAB Holdings CEO Wayne Finkelde says there remains a rising demand for short run digital print work in the market.
AAB Holdings services the publishing, financial services, retail, tourism, entertainment, health and pharmaceutical sectors nationally and internationally and is using Creat8 Management to assist with the tender process.
It specialises in the provision of technology solutions for the book market, short run digital print, variable data printing, mailing services and automated print on demand.
“Due to some of the equipment nearing that stage where it needs to be upgraded, we took the decision to go to market, especially considering the diversity of the equipment we have, we feel it’s time to review and update certain aspects of the equipment we have within the business,” Finkelde said.
“As the market requires shorter run products, we need to match the technology with the service, quality and price point that customers are seeking both now and in the future.”
Finkelde expects the digital print upgrade will be likely one of the largest in Australia this year.
AAB Holdings is also reviewing its finishing capabilities across the business to further streamline the complete solution.
“We are not rushing the process and expect to make the decision to upgrade later this year,” Finkelde said.
Given the breadth of industry sectors that AAB has a play in it has managed to to work though the COVID-19 pandemic.
“We are fortunate with our business model to continue to work through this COVID period and the business is going well, and we are looking to further our growth through acquisitions in the near future and with new digital initiatives and solutions like this for our customers,” Finkelde said.
AAB Holdings group of companies is a total integrated print and promotional marketing solution organisation, offering industrial design, Large format, digital, offset and self-adhesive label printing, online technologies for campaign management, local area marketing, premiums and promotional products, kitting, fulfillment, warehousing and distribution.
In addition to Pegasus Print Group and SOS Print + Media, it also owns AB Warehouse & Logistics and F&M Supplies.
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at [email protected]
Sign up to the Sprinter newsletter