A former apprentice has completed the acquisition of the printing company that first hired him more than 30 years earlier.
Mark Brindle joined Kaymar Print as an apprentice in 1982.
He worked his way up through the Preston company as screen printer, screen print supervisor, litho print manager, estimator and general manager.
Now Mark has completed a management buyout which saw him installed as managing director.
In 2008, the previous owners decided they needed to make a quick sale due to a family illness.
The company was bought by North West business acquisition specialists MasterObjective. The first duty was to rebrand and begin a marketing campaign, before investing in modern technology and refreshing outdated processes.
Meanwhile, Mark was given the opportunity to study management practices, enrol on the LEAD business leadership course and was given mentoring by a variety of specialists. Finally, this summer, he was able to prove to himself and to the financiers that he was able to take charge of the business.
In the meantime, thanks to MasterObjective’s handling, Kaymar had also returned to profitability.
Mark said: “Without doubt, Kaymar Print wouldn’t exist if MasterObjective hadn’t come along. The company had been in the same ownership since the 1970s and we hadn’t kept up with changes in printing and technology.
“Things had really moved on without us. It needed forward thinking, investment and a real shake-up.”
Paul Bailey, managing director of MasterObjective, said: “We have taken a company in decline, stabilised it, built a strategy for growth and given Mark the support to satisfy himself and the bank that he’s got the skills to run his own business.”