(1888PressRelease)
July 22, 2008 - Leading VAR Printerland is to implement an ambitious acquisition plan to further strengthen its leading position in the printer market.
Printerland is actively seeking out opportunities for strategic alliances and acquisitions, in particular targeting other smaller printer specialist dealers.
The development comes as the Altrincham based printer reseller is making significant strides and showing strong annual revenue growth far exceeding the rest of the market.
And by investing in local talent and facilities Printerland's managing director, James Kight, aims to reach a turnover target of £20m by 2010.
"Thanks to a very successful business model and the dedicated hard work of all Printerland staff, we are in the enviable position of being able to reinvest in our successful formula through external acquisitions,
"We have significant resources at our disposal and a steadfast confidence in the operating performance of the business. So it's a very good time to be looking at value-enhancing opportunities," Kight commented.
"In any industry, if you don't grow, you shrink or die. So it's our intention to build on our current success and take Printerland to even greater heights. We're looking forward to growing organically as well as through these acquisitions," he added.
About www.printerland.co.uk
Established in 1993, Printerland has built up substantial revenues allowing it to maintain a large stock holding. By concentrating on matching customer needs and utilising economies of scale Printerland passes on lower costs to customers.
Partnerships with major manufacturers allow Printerland to offer a huge range of printers from well known brands such as Xerox, Oki, HP, Brother, Lexmark, Epson, Samsung and Canon. In addition, manufacturer backing gives continual access to product training and support, leading to skilled, motivated sales staff.
For more information, please visit
http://www.printerland.co.uk
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