Integrity Print has taken on two new finishing lines that previously belonged to the now-liquidated Tressanda in order to add the manufacture of medical specimen bags to its services.
Nottingham-based Tressanda appointed Gareth Self of Restart BTI as its liquidator on 14 June, with £165,473 due to creditors. The company had 10 members of staff according to accounts made up to 30 April 2017.
Around the time of the liquidation, Bath-based Integrity bought two of the company’s machines, which were custom-built by Web Finishing Equipment, for less than £20,000 and moved them into its Birmingham security print subsidiary A1 Security Print.
They will be used to help make leak-proof, sealed plastic bags, as well as attaching multi-part medical forms printed on Integrity’s expansive battery of litho presses.
Integrity sales and marketing director Andrew Law said: “We knew of Tressanda because we share a lot of companies in terms of the print managers and brokers we serve.
“Our clients work with a lot of end-users within the NHS and, because of this, adding this new service was a good fit for us. We can also use our print facilities to offer more advanced features such as barcodes and sequential numbering.
“Essentially, this represents a little bit of diversification allowing us to open the door to customers both current and new by offering them a full service.”
Law said he expected the bags, which are used by the NHS to securely transfer fluid samples between departments and laboratories, to add around £300,000 in sales to Integrity’s total turnover each year.
Further incoming investment across the Integrity group will include a new label press from AB Graphic set to be confirmed shortly, as well as a keen consideration of continuous colour inkjet in Q4 of this year.
With 370 staff across the group, Integrity currently turns over £60m.