Communisis acquires a stake in The Garden Marketing

The Leeds-based company said today it had the option to acquire the remaining 51 per cent for about £600,000.

TGML, a full service integrated marketing agency based in London, was founded in 1987 and generates annual revenues in the region of £1m.

Graham Lee, managing director of TGML said: “We are delighted to become an associate company of Communisis and look forward to developing a progressively closer relationship. I believe that together, our combination of creative strategic thinking and enterprise scalability will give us the ability to deliver a unique and compelling marketing services proposition.”

Andy Blundell, chief executive of Communisis, said: “This deal with TGML marks the latest stage in the implementation of our growth strategy and further expands our service capability. We look forward to working with them and our joint plans for sales synergies are already well advanced.”

TGML specialises in marketing communications for financial services and technology clients.

Communisis’ investment in TGML extends the group’s creative services offering, adding further strategic planning expertise, conceptual creative services, copywriting and additional artworking resources to its proposition, said the firm.

Communisis also said today that trading since its interim management statement was released at the start of May has been “encouraging, with a continuing strong pipeline of business development opportunities”.