Air Business acquires subscription bureau QSS
UK-based distribution and logistics firm Air Business has acquired Quadrant Subscription Services (QSS) from Reed Business Information. The acquisition of QSS, a subscription and publishing services bureau, is “further indication that Air Business is continuing to pursue its stated strategy of intelligent growth”, the company said.
Air Business – a wholly-owned subsidiary of Irish national postal operator An Post – is a provider of global distribution and logistics services including international and UK mail delivery, fulfilment, data management, circulation audits, international and UK courier services, as well as exhibition handling.
Adam Sherman, Air Business Group managing director said that the acquisition of QSS will complement his business.
He said: “For a long time now we have been successfully positioning ourselves as a complete provider of services for clients and this is just another logical step towards that goal, allowing publishers to concentrate on their core business of writing and selling.
“We firmly believe that QSS is an excellent match for our organisation, each of us possessing high quality services that complement the other perfectly without crossover affording greater choice of complimentary services to our customer base.”
In addition, Stuart Lacey, managing director of QSS, is equally enthusiastic about the new possibilities that the deal could open up down the road.
Lacey added: “I know that this acquisition will truly benefit both groups, and our collective clients, as we continue to grow together to deliver high quality customer services for the publishing and wider industry.”
Under the guidance of a new management team, Air Business has seen a rise in annual turnover over the last six years – from £8m per annum, to a projected £40m for 2011.
During this time, the company has also made “bold strides in the industry through exemplary customer service and strategic expansion, solidifying its position as a market leader”.
Air Business’s client list includes Informa, EMAP, Tesco, Spectator, Dennis Publishing, The Guardian, Private Eye, and Progressive Media.