News

TPF Group is set to break through the £100m-turnover mark after taking over Allianz Insurance's in-house print facility in a lucrative six-and-a-half year outsourcing deal.

As part of the £50m-plus deal, the business process outsourcing specialist will rebrand the site as 'The Document Factory', a wholly owned TPF subsidiary that it claimed would be Europe's largest one-to-one digital facility following its 1 November launch.

The Guildford site, which will retain its 40 staff, will become TPF's document management headquarters as well as its new base for all its digital printing services, along with scanning and records management, logistics, postal services and design.

TPF chief executive Steve Brundle said: "Everything in life is that much sweeter when you really have to work hard for it: this is the culmination of more than a year's blood, sweat and tears from [business development director] Dean Smith and his team."

Allianz Insurance management services manager Mike Delany said: "The move to an outsourced model makes sense for us on a number of levels. First and foremost, the arrangement with TPF provides us with continuity and secures the employment of our printing staff.

"In addition, it will reduce our costs, improve our focus and ensure we're much better placed to leverage leading-edge thinking and technologies."