Our main priority is to aggressively follow our digital media strategy, said Creo chief executive Amos Michelson.
Creo will invest 2.7m-5.4m in the plate lines it recently bought in South Africa and North America (PrintWeek, 19 February).
Although plate firms are its main target, Michelson also said that it was being approached by many companies looking to sell up, such as previous buys Scenicsoft and Hit, and it wanted to take advantage of these opportunities.
He also said that like its previous deals, being able to buy further capacity relied on being able to conclude deals quickly in cash.
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"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
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