GJI Acquires Brisbane Printing Company Colorcorp
Colorcorp, a company known for its digital wide format printing and fleet signage in Brisbane has recently been acquired by fellow Brisbane business, GJI Group, as part of the latter’s expansion plans.
Colorcorp, notably, is the first printing company in the entire state of Queensland sporting an HP Scitex industrial press, and has been operating for about 4 decades now. The company specialises in digital printing technology, which they use to handle outdoor, corporate and fleet signage in Brisbane and in other places in the state.
Group General Manager for GJI Group, Marcus Emery, said on the acquisition, they’re always looking for quality assets, and saw Colorcorp as a good acquisition, as they’ve been looking for a wide format company.
On the matter of staff changes, Emery says that Colorcorp will retain its current staff, and stay at its current headquarters; 9km north of the Brisbane CBD, at Northgate. He explains that Colorcorp will pretty much stay the same, handling the same premises, with the same staff, and with current General Manager Brad Wruck continuing to run the business. He says that, Colorcorp has been successful as they’ve been for 40 years, and GJI sees no reason to change that.
Wruck says that announcing their acquisition by GJI is an important strategic occurrence for them, as it brings back investment and long-term sustainability and scalability to their business. He adds that it also benefits clients by bringing forth the collective knowledge and resources of the group.
Colorcop is joining several other GJI brands, including Colourwise, another digital print business, as well as Little Big Design and Customology, resulting in the group having about 80 employees across several companies.
GJI Group CEO Mark James says that adding Colorcorp to their collectives not only expands the conglomerate’s reach, but also grants the brands access to each other’s services, allowing for future growth and opportunities.
Emery has stated that GJI is looking for further acquisitions, like digital agencies, and they’re also talking to research firms to get recommendations. On top of that, they’re also considering companies that operate outside of Brisbane, down the AU’s Eastern Seaboard, or even New Zealand.
