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29 July 2015
JF Moore and Mi5 to merge
MARKHAM—JF Moore Communications (formerly known as JF Moore Lithographers) and Mi5 Print and Digital Communications have announced that both companies will merge, as of August 1.
The announcement comes after recent news that the then JF Moore Lithographers had filed a Notice of Intention (NOI) to make a proposal under the Bankruptcy Act on April 13.
“This will significantly bolster the capabilities of both companies.” Dean Baxendale, president of JF Moore, said.
Mi5 says they are one of Canada’s fastest growing print company’s with a 100,000 square foot facility located in Markham. Mi5 will provide JF Moore clients with additional press capacity with long run roll to sheet Heidelberg perfecting presses, large format printing, corrugate display and packaging, and additional laser and direct mail equipment and services.
“We’re thrilled that Dean and the JF Moore team will be a part of our Mi5 family,” Derek McGeachie, founder and chief vision officer at Mi5, said. “Our mandate is to continue building the All Star Team of print so we can continue to better serve our customers and provide secure, rewarding careers for our employees in a winning can-do atmosphere. These are exciting times at Mi5. Our results in fiscal 2015 exceeded our targets making it our best year ever by all metrics. With the merger set for the first day of fiscal 2016, the timing is ideal to generate even better results going forward. We head into the New Year larger, stronger, better staffed and better equipped than ever before. We are very excited about the year ahead.”
With 30 years of lithography experience, JF Moore will contribute its technological expertise to Mi5’s digital print and direct mail divisions. Both companies are G7 certified printers with a full in-house bindery, finishing, knitting and logistics.
JF Moore will be a division of Mi5 Print & Digital Communications and will relocate to 800 Cochrane Drive in Markham, ON.
The announcement comes after recent news that the then JF Moore Lithographers had filed a Notice of Intention (NOI) to make a proposal under the Bankruptcy Act on April 13.
“This will significantly bolster the capabilities of both companies.” Dean Baxendale, president of JF Moore, said.
Mi5 says they are one of Canada’s fastest growing print company’s with a 100,000 square foot facility located in Markham. Mi5 will provide JF Moore clients with additional press capacity with long run roll to sheet Heidelberg perfecting presses, large format printing, corrugate display and packaging, and additional laser and direct mail equipment and services.
“We’re thrilled that Dean and the JF Moore team will be a part of our Mi5 family,” Derek McGeachie, founder and chief vision officer at Mi5, said. “Our mandate is to continue building the All Star Team of print so we can continue to better serve our customers and provide secure, rewarding careers for our employees in a winning can-do atmosphere. These are exciting times at Mi5. Our results in fiscal 2015 exceeded our targets making it our best year ever by all metrics. With the merger set for the first day of fiscal 2016, the timing is ideal to generate even better results going forward. We head into the New Year larger, stronger, better staffed and better equipped than ever before. We are very excited about the year ahead.”
With 30 years of lithography experience, JF Moore will contribute its technological expertise to Mi5’s digital print and direct mail divisions. Both companies are G7 certified printers with a full in-house bindery, finishing, knitting and logistics.
JF Moore will be a division of Mi5 Print & Digital Communications and will relocate to 800 Cochrane Drive in Markham, ON.
Comments (6) Post a Comment
Comments:
6. Uncle Leo says:
In an industry that has seen the decline of margins, and subsequent erosion of professional conduct, it never ceases to amaze that these lifelines are portrayed as 'mergers' when they are nothing more then grabs on client lists while turning their backs on vendors and employees.
5. Owedmoney says:
The answer to Bingo's question is nope.
4. Bingo says:
Will either of these two millionaires pay the debts JF had to it's suppliers?
3. Burnt says:
Good luck to MI5.Wait til GOD's gift to printing starts to infect MI5 like the Bubonic Plague.When you're a legend in your own mind, it's impossible to bankrupt a company!
2. Mitchel Rich says:
It is the new leadership that will guide and never the old. The effect of an injection to gross sales would always produce a welcomed smile.
1. Prepress says:
I always find it interesting that when a company takes over a losing company (gone bankrupt or in protection), that they say how happy they are to bring aboard the management that drove the losing company into bankruptcy.
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