16 June 2014
Fragmented photo print industry undergoing concentration through acquisitions
FotoInsight takes over smaller rival website www.printing-1.co.uk
Cambridge. 16 June 2014. - In 2007, IITM LLP started a service for the creation and print of personalized photo books, canvas prints and photographic wall calendars under the name ‘Printing-1’. This web presence expanded into a number of European countries in seven languages. The business has now been taken over by FotoInsight Ltd. for an undisclosed sum and the www.printing-1.co.uk websites redirect to http://fotoinsight.co.uk.
For IITM LLP Designated Partner CM states: ‘The online photo printing industry is experiencing rapid concentration. We are confident that printing-1 customer’s will like the award winning software and print quality that FotoInsight offers, which has won top awards in review by consumer magazines, the photographic press across the UK and Europe, as well as by the Gadget Show.’
Celebrating the successful acquisition of Printing-1 FotoInsight is issuing welcome vouchers. Photo enthusiasts who now download the FotoInsight Designer software and order their first real photo book from FotoInsight before 30 September 2014 get £9 off by using the voucher code PRINT1UK (minimum order value £25).
Labels: FotoInsight, mergers and acquisitions, photo printing, photographic industry, print, Printing-1, takeover