Two Dublin printing companies, BP Colour and AluColor, will merge to operate as BP-AluColor (BPA), targeting their combined niche markets in graphic design and commercial printing and wet-glue applied labels, mainly for the drinks industry.
Mr Paschal Taggart, the accountant and businessman, will become chairman of the new company and Mr Bryan Phelan of PGL has been appointed as auditor.
The new company, which is expected to have a turnover in excess of €10 million, will be located in a 45,000 sq ft plant in the Fonthill Industrial Estate in Dublin. Sixty-eight people will be employed, slightly down on the numbers employed by the separate companies.
Both companies were based at the Fonthill Industrial Estate. In the light of an increasingly difficult printing marketplace in the Republic and Britain, the companies decided to merge, according to sources close to the firms. Printing companies are understood to have come under pressure from financial backers in recent times to consolidate.
Heads of agreement between BP Colour and AluColor were signed on April 26th.
The combined printing press power of the new company includes a six-colour Roland (B1), five-colour (B1) and (B2) Komori Lithrones, a four-colour Komori (SRA2) press and a Heidelberg (B3) GTO, which will be complemented by a comprehensive range of finishing and pre-press equipment.
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