Domino buys Labeljet

Cambridge-based Domino Printing Sciences Plc has acquired Portugal-based rival Labeljet SA and its subsidiary Marque TDI for up to €7 million (£6.2 million). 


Cambridge-based Domino Printing Sciences Plc has acquired Portugal-based rival Labeljet SA and its subsidiary Marque TDI for up to €7 million (£6.2 million). 

Cambridge-based Domino Printing Sciences Plc has acquired Portugal-based rival Labeljet SA and its subsidiary Marque TDI for up to €7 million (£6.2 million).

Marque TDI is based in Porto and has been Domino’s printing distributor in the Portuguese market since 2002. Labeljet reported sales revenues of €7.8 million (£6.9 million) in 2008, with underlying profits of €1.6 million (£1.4 million).

Nigel Bond, Domino MD, commented: “Marque has built an enviable record for customer service and occupies a leading position in the Portuguese market. The acquisition will enhance profitability and provides a platform to sell a wider range of products.”

In the 12 months to 31 October 2008, Domino reported an increase in revenue of nine per cent to £253.4 million, with pre-tax profits down by 21 per cent to £25.2 million.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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