Expansion for Mersey Printing Firm
15th April 2008
A Merseyside printing firm is expanding with a funding package totalling more than £250k including support from Merseyside Special Investment Fund (MSIF).
Arteb Printing Limited, based in St Helens, was set up almost 30 years ago and is now run by the Parisi family – father, Peter, and sons, Simon and Antony.
The company specialises in printing flexible packaging such as crisp packets and promotional wrapping. Clients include blue chip organisations in the food, pet food, DIY and promotional industries.
Arteb has raised a funding package totalling £260k which includes a £100k loan from MSIF’s Small Firms Fund and directors’ own investment.
Director Simon Parisi said: “This latest funding follows a recent £1m investment in new high-tech machinery and will provide us with the capital we need to develop the business further and grow our customer base”
“We operate in a niche market and are one of the only printing firms in the UK that can provide very short print runs - as little as 5 kilos – which means we can offer a very cost effective service.
“The food sector is an area in which we are particularly looking to grow the business and we are currently working towards our British Retail Consortium (BRC) accreditation which regulates branded food products. Once this is approved it will enable us to work for any food producer throughout Europe.”
Alan Birkett, investment manager of MSIF’s Small Firms Fund said: “We are really pleased to help a long established, family-run company take their business to the next level. They are great team and we wish them every success.”
Arteb currently employs 20 staff and expects to take on around five more in the next two years.
Ends
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Photo shows L-R Tony Parisi (Arteb) Alan Birkett (MSIF) Simon Parisi (Arteb)
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The Liverpool Seed Fund provides equity-based investments from £50,000 - £750,000 to early stage businesses with IP
