Cambridge print company acquired by BPC
January 13, 2010 by Michael
Administrators, Tenon Recovery, were called in to oversee the administration. Tenon’s case administrator, James Prior, said:
“We are trading the business with a view to selling it as a going concern. We are hoping to reach a conclusion in the next week, but there have been a number of expressions of interest.”
The administrators negotiated with several interested parties. After much speculation the company was eventually bought by Mr. Jim Gilmore, the owner of Bluepoint Cambridge. Mr. Gilmore had also acquired another Cambridge printing firm, Call Printers, about six months earlier.
Bluepoint Cambridge Ltd (BPC) now consists of five companies each specialising in its own aspect of visual communication. The company offers services for graphic design, advertising, personalised digital printing and large format exhibition graphics. They believe they are ideally located to service East Anglia, the South East and London. They serve a range of clients from different sectors, including Education, Pharmaceuticals, Automotive, Travel, Finance, Charity, and Heritage.
In these hard economic times companies which are able to offer a complete service are probably better placed to compete for contracts than those which offer only some aspects of customer’s requirements. It is always unfortunate and regrettable that jobs are lost when a company goes into administration. However, companies who survive and grow will, in turn, be able to offer more job opportunities in the future.