Dominion buys Graphitype

Graphitype Printing Services’ Dave and Cath Morris are in the process of selling their business to the Dominion Print Group.

Dominion will keep the Graphitype name for now, while customers adjust to the new ownership. Kelvin Gage, CEO at Dominion says, “The acquisition is a positive story, a good thing. We are in the market, they were ready to get out and retire. It has all been really friendly, nice and amicable. Really the way things need to be in the future.”

Dave and Kath Morris have spent the last three decades building the business, since founded it in 1985. “Over 31 years we have run the business and it has not got any easier”, Dave Morris told Australian Printer. “The wife and I are ready to retire, so we made the decision to sell.”

“We feel like the company is in good hands with Dominion, and that it is a really good fit. It has the same strong customer focus that we have.”

Dominion is a Sydney based printer specialising in long run, short run and spot colour jobs. It was founded 60 years ago by John Gage, and today is run by his son Kelvin Gage.

From Graphitype’s 18 permanent staff, 14 will be carried over to the Dominion. Dave Morris explains: “All but four were kept, which we feel was a good result. From those four, we have found work for two.”

Morris says it is a good move as, “The new owners will maintain the client base and improve on what we can offer.”

The sale is due to be completed on the January 31, with Morris making himself available for the month following to ease the transition.

The sale was handled by Richard Rasmussen of Ascent Partners, Morris says, “He made the process smooth.”

Five years ago Graphitype sold its pharmaceutical packaging business to Canadian giant CCL for $7m.

 

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