Leeds-based print and marketing services company has acquired Tebays for an undisclosed sum, with the assistance of a funding package from Barclays.
Resource will absorb both the print division and events division along with all other print-reflated services, with the company saying the event management service will bolster its creative portfolio.
Discussing the acquisition, Resource managing director Phil Thompson said: “We’re delighted to welcome the team at Tebays into the Resource group and we’re looking forward to aligning our operations to deliver great value and enhanced services for our clients.
“Both businesses have complementing services incorporating specific areas of expertise. The combined synergies will benefit both our respective client bases and workforces, whilst creating a fantastic foundation to support the future growth of the group.”
The new deal is now expected to rake Resource’s combined turnover to over £10m.