Paragon Group further expands with acquisition of Debenhams in-house print division

December 12, 2018

Paragon Group, the leading provider of customer communications, identification and graphics services, is pleased to announce the acquisition of Magenta Print & Display which will become part of Paragon Display Solutions business in the UK. Magenta employs about 75 people and has an annual turnover of around £10m. Following the acquisition, Paragon Group revenues will exceed €700m during the coming financial year.

The investment in Magenta is in line with Paragon Group’s strategy to actively integrate complementary businesses in a positive way. With the manufacturing site in Taunton, Magenta is a successful business with very long standing client relationships, which enriches the operational capabilities of the Group in the sphere of POS and graphics solutions.

Magenta brings a strong management team to the business, to complement and work with the existing strong team at Paragon Display Solutions. Magenta has a diverse POS and graphics product portfolio, which will complement solutions already offered by Paragon.

Angus Campbell Integration Director at Paragon Group, said: “We are delighted to have worked with Debenhams to acquire Magenta which is a great business with a talented and experienced team, along with an excellent client base and a diverse portfolio of products and services, which will further enhance the wide range of solutions we offer our current and future customers.”

“We offer a warm welcome to our new colleagues and clients from Magenta and look forward to offering our combined client base access to a growing range of bespoke market-leading communications solutions.”

For further information on the Paragon Group, please visit www.paragon-europe.com.

For further information on Magenta Print & Display, please visit www.magentapd.com.

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