Trade supplier and embossing company Avon Graphics has acquired Sydney finisher Rotoflex Coatings in Silverwater, Sydney, with all staff and equipment transitioning over.
Tate Hone, sales manager at Avon Graphics says, “It is part our plan for growth for our business, we have been looking at acquisition. This happened to be the right business at the right time.
“The owner, Bob Minto, was looking to retire and he approached us.
“For now, it is business as usual. The business will mostly remain in its existing building which is right around the corner. All of the staff will be moving over. Over time we will be moving everything in to our site and we will be rearranging the equipment, so some of it will be moved between the two sites and other pieces may go elsewhere.
“They provide lamination and UV coatings, which we also already do. It is good for us to pick it up and strengthen our customer base.”
Rotoflex has been in business for 24 years and has about 350 customers. It is a near neighbour of the Avon Sydney facility.
Avon Graphics is considering further acquisitions in the future.
Hone says, “Our plan does include acquisition along with investment in new technology and automation.
“I believe is a good thing for the business. What we are doing with consolidation is the future of the industry. We are building a strong future for our staff and customers.”
Avon Graphics has three manufacturing plants across Melbourne, Sydney and Brisbane. The family owned business has been in operation for around 30 years.
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