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Claverley completes purchase of design and print procurement agency
The Claverley Group, owner of the Midland News Association Ltd, can confirm it has completed the purchase of creative design and print procurement agency Cubiquity.
Cubiquity provides marketing services for a number of leading national and global brands, across a wide range of market sectors.
Under the purchase agreement, Cubiquity will continue to operate from its base in Whyteleafe, Surrey.
The senior management team will be led by Kevin Rowland and Shane Inger as joint CEOs.
The agreement with Claverley has been made with a view to support the further growth of Cubiquity.
Claverley Group CEO Phil Inman said: “We are delighted to confirm our investment in an award-winning and market leading business which can build upon our heritage both in successful print and delivering creative solutions for clients.”
Shane Inger said the move would bring enhanced business benefits for Cubiquity’s customers.
He said: “The Claverley Group investment has provided us with the opportunity to flex our integrated design, print and digital services even more effectively around our clients’ needs, helping them to better engage and inspire their own audiences, now and in the future.”
Kevin Rowland added: “Working collaboratively as a group, we can deliver the services our customers need, alongside adding the value and speed-to-market they demand. We’re looking forward to working together.”
The announcement of the Cubiquity purchase comes after Claverley took a majority shareholding in Kennedy Enterprises Ltd, publisher of children’s magazines, in April.