The deal comes hot on the heels of the sale of its Pindar Set division to Yell and more recently the acquisition of a 15% stake in the Wren Press.
Andrew Pindar, chairman of the Scarborough- headquartered company, said that the recent deal activity is part of the company’s 150-year-old strategy of continual restructuring.
We have always been growing through buying, selling and merging, he said. We scale all our businesses and grow them within our family of companies.
Screen Pages has always been at its best when run by Roger and we will continue to grow feed leads between the two businesses.
Willcocks added the deal confirms the passion our team shares for our clients’ success online.
He added: This deal renews our commitment to providing a creative, flexible and responsive service to our clients. It’s an exciting opportunity for us.
According to accounts posted at Companies House, Screen Pages made a pre-tax loss of £228,520 on a turnover of £1.7m in the 15 months to September 2007.
Pindar said that the company would now focus on the retailer and mail order software business it acquired in 2007, Acorn E-commerce.
He added that the company was also eying up another potential acquisition of a specialist print company but would not be drawn on the specifics of the deal.
Pindar sells Screen Pages in third deal in a month
Pindar has completed its third deal in a month with the disposal of its website programming company Screen Pages to a management team led by managing director Roger Willcocks.
