Update: QLM makes Melbourne acquisition, snaps up two HP Indigos

QLM Label Makers now has digital capacity in Australia after acquiring the labels division of Melbourne firm Self Adhesive Markings.

Marketing manager Lindsay Nutley told ProPrint that QLM had acquired an HP Indigo 4500 and Indigo WS6000 as part of the deal.

He added that they would be QLM’s first digital devices in Australia to go with the group's Indigo 4500 in Kuala Lumpur.

QLM chief executive Simon Pugh said the acquisition would boost the group’s customer base and expand its operations in the Victorian label and packaging market.

QLM also has operations in Brisbane, Sydney, Adelaide, Perth, Ho Chi Minh City and Dhaka.

Self Adhesive Markings founder Rob Baines will not be joining QLM. He told ProPrint that he would continue to run the rest of his business, which is called Dimension Imaging.

He said it would continue from the same location and with the same staff and would be independent of QLM.

[Related: QLM qualifies for World Label Awards]

Meanwhile, Spandex Asia-Pacific has acquired two wide-format suppliers: Plas Image and Qualsign.

Plas Image is a Sydney distributor of rigid materials and digital media, while Qualsign is a Perth distributor of aluminium composite sheets, cut vinyl and digital media.

Both businesses will trade under their own names for 12-18 months while full integration takes place, according to Spandex.

"While the commercial terms of the acquisitions remain confidential, Plas Image and Qualsign will add significantly to Spandex’s sales revenue.

"Spandex’s coast-to-coast reach is also strengthened in that Qualsign WA is much larger than Spandex’s existing Western Australian branch operation."

Asia-Pacific managing director Alex McClelland said Spandex would continue to look for acquisition targets.

"Real quality opportunities for acquisition do not come along that often and we were fortunate to find two this year that offered expansion into new product areas and adjacent markets," said McClelland.

"While there are some inevitable parallels in our customer bases, for the main part Plas Image and Qualsign bring new products that Spandex did not previously offer."

Update: QLM and Rob Baines contacted ProPrint to report that, due to a misunderstanding, some inaccurate information was included in the company's media release. The article has been updated.

[LinkedIn: Is consolidation among vendors a good thing?]

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