Equipment Finance News

Close Brothers Asset Finance funds new litho press to meet growing demand

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Close Brothers Asset Finance’s Print team has provided funding for long-term customer, Pureprint, as they look to keep up with increased demand with a highly-configured Heidelberg XL106-8PL.

The new litho press replaces an older, similar, machine and provides Pureprint a coating and perfecting option, as well an additional four units, double the output of the existing machine.

Established nearly a century ago in 1926, East Sussex-based Pureprint, has grown significantly over the past three years as consolidation in the sector has seen more opportunities become available to them. Today, they employ 400 people across three state-of-the-art facilities – including Newcastle – offering a full-range of printing, finishing, storage, and fulfilment options.

Nick Aust, Sales Director at Close Brothers Asset Finance Finance’s Print division, said: “Timing was key on this deal. Pureprint needed the press urgently and we managed to turn it around – start to finish – within in a week.

“As a longstanding customer, we were able to this because we had an established relationship that had been built over the course of many years.

“As always, we were delighted to work with Mark and his outstanding team who really do run an exceptional operation from their three sites. They are a great example of how a print firm can not only survive, but thrive, in today’s environment.”

Mark Handford, Pureprint CEO, added: “We are in the fortunate position where we’ve seen increased demand for our services, and the new press is going to make a real difference through higher production volumes, and I’m really looking forward to seeing it start delivering on its capability. 

“Having worked with Close Brothers Asset Finance for some time now, we were confident they would be able to meet our tight timescales. Their long history in print; product knowledge, and personal approach means they are able to work quickly and efficiently.”

“We look forward to working with them now and in the future.”