Brisbane-based GJI Group has continued its expansion strategy with the acquisition of leading Brisbane digital wide format and signage business Colorcorp.
| Colorcorp, 263 Toombul Road, Northgate, Brisbane QLD
|Marcus Emery, GJI Group|
“We’re always looking for quality assets and they were introduced to us through a broker,” Marcus Emery, group general manager, GJI Group, told Wide Format Online. “We were looking to add a wide format company and they've been very successful with wide format and signage.” The deal was signed on April 1, 2019.
Colorcorp - the first printer in Queensland with an HP Scitex industrial press - will retain its existing staff and remain based at its head office in Northgate, nine kilometres north of Brisbane’s CBD.
“Nothing will really change at Colorcorp, “ said Emery. “They’ve been successful thus far so why change that? Colorcorp will continue in the same premises with the same staff and general manager Brad Wruck will continue to run the business.”
Colorcorp, in business for 40 years, specialises in digital-print technology signage and display services in outdoor, fleet and corporate signage. Its machinery line-up includes:
HP Scitex FB 7600. High speed UV flatbed industrial digital press, printing up to 95 full beds (3.2m x 1.6m) per hour with multi-loader allowing four signs to be printed simultaneously.
HP LX3000 latex roll-to-roll high speed industrial printer, printing 6 colour process at 1200dpi at print speeds of up to 180sqm/hour (3.2m wide or dual 1.6m wide).
Fujifilm/INCA Colombia Turbo flatbed UV press. A high quality flatbed digital machine printing 20 full beds an hour (3.2m x 1.6m)
2 x HP Latex 360 roll-to-roll machines providing exception quality printing.
2 x Crest Laminators for both hot and cold laminating.
Zund G3 fully automatic vinyl cutting equipment for vinyl lettering and signage.
2 x semi-automatic screen printing equipment.
Guillotines, Dye Cutters and a complete range of finishing equipment.
Esko Kongsberg XL Cutter-Router (Bed 1680 x 3050mm) with i-cut camera technology.
Konica Minolta bizhub C1060 digital press (Ideal for brochures, header cards, shelf strips etc).
“Today’s announcement is strategically very important for Colorcorp,” said Brad Wruck, GM Colorcorp. “It brings both renewed investment and focus on the long-term sustainability and scalability of our services. By partnering with the GJI Group brands, our clients benefit from the collective expertise in the group, ensuring a focused investment through a customer lens.”
Colorcorp joins existing GJI brands that include digital print business Colourwise, Little Big Design and Customology. The group now employs about 80 people across various companies.
“This addition to the GJI Group extends and enhances the collective brands capabilities with Colorcorp's complementary set of services,” said GJI Group’s CEO Mark James. “It brings many opportunities including personal career development and advancement for Colorcorp employees, alongside the ability for our brands to work with new customers and develop future growth opportunities.”
Emery said GJI was actively searching for further acquisitions.
“We are certainly looking at a number of opportunities as we speak. We’re looking at digital agencies, we’re talking to research companies and to out-of-home media. So, not just point-of-sale.
“We’re looking at companies outside of Brisbane, including down the eastern seaboard; we’re looking at New Zealand and at businesses in WA and South Australia.”
Colorcorp is a Brisbane market leader in digital-print technology signage and display services in outdoor, fleet and corporate signage. It offers a full range of services from corporate graphics and displays to on-site installation and campaign management services.
GJI Group, based at Cannon Hill, five km east of Brisbane’s CBD, was established in 1997. Its businesses span marketing, communication, digital, design, printing, recruitment and interior design.