ASX-listed Wellcom announced in August that it would sell its 50% stake in Cadillac to private interests associated with Sidwell for $3m. Sidwell, who is also managing director of Wellcom, already owned the other 50% of Cadillac.

The sale, which was recently approved by shareholders, transacted last week, making Cadillac a private company.

Cadillac general manager Sean Barclay told ProPrint it would be business as usual at Cadillac, which had always operated as a stand-alone business unit.

“The operations of the business will remain as is,” he said. “We’ll still use Wellcom to provide pre-press services.”

Barclay added that the company was now looking at boosting its arsenal of offset equipment to better serve the catalogue and travel sectors.

“The next thing is to have a look at increasing our capacity. We’ll be looking towards buying another heatset press,” he said.

“We’ve got the business to the point where we’re seriously considering our next machine.”

Barclay added that the company is currently completing Printing Industries Sustainable Green Print (SGP) course with a view to being ISO accredited “by the end of March”.

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