Founded in 1831, Glasgow-based Bell & Bain are one of the oldest independent book and journal printers and binders in the UK. They have been investing heavily over the last 12 years, including the acquisition of J Thompson Colour Printers in 2019.
Bell & Bain specialise in book & journal printing/finishing, and J Thomson specialise in quality commercial printing and book work from their 4 Scottish production facilities. They service over 600 clients, printing major publications for clients including The Open University, Cambridge University Press, and Oxford University Press, DK, PRH, Bloomsbury, Scholastics, Macmillan, Elsevier and Pearson, to name a few. The group works with the biggest names in the publishing world, now delivering around the world. They currently employ around 245 staff combined.
Close Brothers Asset Finance has provided funding for Bell & Bain’s two new large-format presses from Koenig & Bauer (RA145 8 colour & RA145 4 colour); these latest acquisitions follow a similar deal in 2019, and continues a long-standing strong financial partnership between the firms.
This agreement has already led to Bell & Bain increasing their turnover by over £4m last year.
Nick Aust, Sales Director at Close Brothers Asset Finance Finance’s Print division: “Despite the pandemic, Bell & Bain have remained very busy and the machines are already increasing their capacity and will no doubt play a key role in meeting current and future demand.”
Steve Docherty, Chairman, Bell & Bain: “We bought the machines to make everyone’s lives easier – they’re already saving a great deal of time, but we’re in the very fortunate position of getting busier and busier.”
“To help us with our growth ambitions, we wanted to work with a funder who understands our business and is able to react quickly while also providing expert advice and offering deals that work for all parties.”
“We continue to work well together - it’s a fantastic partnership. Make no mistake Nick Aust and Close Brothers have opened the world to Bell & Bain and continue to be a solid backbone in this wonderful company’s modern history, I thank them for their help and support.”
Nick Aust added: “We already have a strong working relationship with the team at Bell & Bain and it made sense for us to work together with them on acquiring these two new presses. They know what they want to achieve, and have clear goals. Being their financial partner is exciting, and dealing with them is a pleasure”.