Pazazz Acquires 50% Interest in Large Format Company Laminatek
Press release from the issuing company
Montreal, October 23, 2007 - Pazazz, a leading independent printing company based in Montreal, announced today the acquisition of a 50% interest in Laminatek, a large format digital printing company also located in Montreal. This latest in a series of strategic acquisitions strengthens Pazazz's status as a unique, full-service, one-stop-shop for printing solutions.
Laminatek specialises in large format print banners, murals and displays, using equipment capable of printing and mounting materials of ultimately unlimited size. Laminatek is also recognised throughout the industry for its expertise in producing portable display units, such as pop-up-displays, single- and double-sided retractable banner stands and brochure stands that are ideal for trade shows and presentations.
Laminatek uses eco-friendly solvents and inks, available for indoor and outdoor banners, to promote a healthy environment - a factor that further attracted Pazazz, which places exceptional value on conscientious practices and in being a good corporate citizen.
The new integration is a perfect fit for both companies. Pazazz and Laminatek share similar philosophies based on providing meticulous, detail-oriented customer service.This relationship also creates a unique business dynamic by bringing Laminatek's specialised large formatdigital printing technology and lamination skills together with Pazazz's all-encompassing printing and label services. The result: a new and more formidable Pazazz, capable of delivering large quantities of high-quality print jobs across multiple substrates to clients.
"Pazazz is a solution provider. We work with our client's and then search for the most valuable options to serve them," explains Warren Werbitt, President and CEO of Pazazz. "Our clients were asking us to help them manage brands, product launches and corporate events. They need branded print in every size shape and for Now we offer it, and it's all coordinated through our cross-functional project management teams," added Werbitt.
Michel Seguin, President of Laminatek, is excited about the many advantages customers will now enjoy because of the new synergy, "It's a win, win situation. This integration allows Laminatek to experience valuable growth; it offers clients variety, convenience and quality beyond what has been available to them before."
Pazazz has been steadily bolstering its position as a leader in the industry through avariety of procurements significantly increasing services and efficiency.With Laminatek as its integrated company providing large format digital printing, Pazazz is continuing its pursuit to offer clients more than ever.
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