The Smithers Group Announce Pira Acquisition

As reported by the, The Smithers Group has announced their acquisition of Pira International. Pira are a leading provider of information and testing services to their clients in the paper, packaging and printing industry.

Founded in 1930, Pira International employs approximately 120 people at five sites across the UK and US.

Speaking of the acquisition, Michael Hochschwender, President and CEO of the Smithers Group, stated, “Pira represents a tremendous strategic fit for Smithers. We have long respected the Pira organization and we are excited about what this acquisition means for our clients in terms of the expanded service offerings they will see from both Smithers and Pira,” Mr Hochschwender added.

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Printing Firm to Create 500 Jobs in Cambridge

Xaar, the printing technology company will be creating 50 new jobs over the next 12 months. The expansion comes after their latest product, Platform 3, became a bestseller.

The printing company has their headquarters on Cambridge Science Park. The jobs will be located at the factory in Huntingdon.

Platform 3 applies digital printing methods to ceramic tiles, and has taken off big time, particularly in Italy and Spain. Speaking of the products success chief executive Ian Dinwoodie stated: “Although, if you had told me a year ago this would be the market I would not have believed it. I thought it would the US.”

Xaar issues half year results in June and is currently investing £5m a year in further capacity.

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