The Service Point saga continues. The UK branch of the organization has been acquired by Paragon Group UK Ltd. A press release about the acquisition is below.
- To read Joel Salus' analysis of this development on his blog, click here.
- To read past IRgA Today articles about this topic, click here.
02 May 2014
MORE THAN 400 JOBS SAVED AT SERVICE POINT UK AS A RESULT OF ACQUISITION
More than 400 jobs have been saved with the announcement that the business of Service Point UK has joined Paragon Group UK Ltd. The main trade and assets of the business have been acquired by Paragon, the print and document management specialist with manufacturing capabilities across the UK and Europe.
The combined operation in the UK will build on the complementary strengths of the two organisations. Service Point brings extensive capabilities in document management, a strong London presence and localised production nationwide. Paragon has a strong manufacturing base with centralised fulfilment services and deep experience in delivering technology-driven solutions for clients.
Managing Director for Service Point, Michael Barton-Harvey said: “The UK business was put up for sale earlier this year after our Spanish parent company could not restructure significant debt. We have worked relentlessly with all parties involved in the sales process to ensure every avenue was explored to achieve the best possible outcome to the situation. This acquisition marks a new chapter for our business and will allow us to continue providing excellent service to our national client base, while strengthening our proposition”
Service Point provides document, print and information services both onsite and through a nationwide network of digital print outlets. In addition the business also offers a range of online platforms.
Paragon Group is an innovative and diverse company, dedicated to customer service and driven forward by technology. With manufacturing sites across Europe and a combined turnover in excess of €200m, Paragon is a leading supplier of document, marketing, access control and traceability solutions.