Product category:
General Print Supplies, Services for Printers
News Release from: Williams Lea
Edited by the Printingtalk Editorial
Team on 12 January 2007
Williams Lea Acquires The Stationery
Office
Williams Lea, the corporate information services provider announced yesterday today that its acquisition of TSO (The Stationery Office) has been successfully completed.
Williams Lea, the corporate information services provider announced yesterday today that its acquisition of TSO (The Stationery Office) has been successfully completed Williams Lea said that it believes that itself and TSO are now well positioned in the rapidly expanding market of public sector business process outsourcing
This article was originally published on Printingtalk on 22 Jul 2004 at 8.00am (UK)
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The new combined proposition is underpinned by TSO's experience in this market and Williams Lea's proven approach with clients, claimed the company.
Williams Lea said that throughout the acquisition process, reactions from clients and employees have been very positive.
Tim Griffiths, chief executive of Williams Lea, commented: "We are pleased to confirm the completion of our acquisition of TSO.
I am looking forward to working with TSO's Richard Dell and his team as we develop this exciting new area of opportunity for the group." Richard Dell, chief executive of The Stationery Office, said: "I am delighted that TSO has become part of the Williams Lea Group.
Since announcing the transaction in November, we have received very positive feedback from our clients, prospects and staff.
We look forward to growing the public sector outsourcing activities of the group." Williams Lea said that public sector business process outsourcing in the UK is forecast to grow at 23.5 per cent to GBP1.3 billion by 2008, with demand being driven by a growing number of Government departments, changes in regulation and legislation and the desire to increase efficiencies within the public sector as a whole.
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