After several months of negotiations Webtech NI Ltd has bought Exeter label printers James Townsend & Sons Ltd.
The company will trade as James Townsend Ltd from the 1st April 2011 and will continue to supply high volume printed labels to the food and drink industry.
Webtech NI’s Managing Director Nigel McSorley said: "The business will continue running as an on-going concern and over the coming months we will review the business and produce a detailed plan for the future. There are great synergies with the company, especially its long history and reputation, high quality and in-house expertise."
All employees will be transferred to the new company in accordance with TUPE regulations to protect existing employment rights.
Webtech NI Ltd is a volume label printer based in Enniskillen, Northern Ireland, and was established in 1987. Nigel McSorley added: “We are a well invested, financially strong company with the capability, strategy and vision to succeed in the long term.”
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