Categorised in: Blog
Following their recent acquisition of Triumph Printing & Packaging, Uniprint has once again strengthened their service capacity and capabilities. The latest feather in Uniprint’s cap, the Triumph acquisition is not a case of assimilating the competition in a move of aggressive expansion. On the contrary, this is a partnership between the two printing giants that are a really good fit.
Although both companies may seem like large business entities, they share a rather unusual characteristic. Essentially, both companies operate with a family business legacy and share similar ethos and values. These similarities, coupled with the opportunity to grown their market share, made the acquisition more than a smart business move for Uniprint – it was a no brainer.
“Joining forces allows the two companies to achieve production efficiencies and improve capacity and capability in solid board and single-face cartons. This, in turn, allows us to better serve our established FMCG and industrial markets,” says Uniprint’s general manager, Leal Wright.
Now part of the Uniprint family, Triumph will continue to operate as a separate entity but their significant presence in the KZN and Gauteng folding carton sectors will add scale to Uniprint’s packaging division from their board-sheeting and converting operation in New Germany, KwaZulu-Natal.
Wright stressed that the union of the businesses presents an exciting combination for their customers who have reacted positively to the development.
“For instance, Uniprint is heavily invested in digital printing, which can be creatively applied to the folding carton business,” said Wright.
The Triumph acquisition is Uniprint’s third in the last three years – including Ferroprint in 2014 and Paper Genie in 2015 – and in a challenging economy that is a spectacular achievement.
When asked what makes Uniprint’s strategy so successful, Wright responded, “Firstly, we understand exactly what we are acquiring. Secondly, we only invest in successful businesses – not turnaround situations. Thirdly, we pay huge attention to detail. The integration is planned in all directions and we make an effort to cover every detail to ensure a fair chance of success”.