CFH Docmail buys BSS Scotland business
Hybrid mail provider CFH Docmail Ltd has acquired the assets of the Glasgow site of BSS Scotland Ltd (also trading as BSS Scotmail). BSS Scotland, a provider of print and mail services to businesses and public bodies in Scotland, went into administration earlier this month. The company has a turnover of £2.3m and 39 employees.
CFH Docmail, which operates in Scotland from a 40,000 sqft site in Livingston and employs 28 people with a sales turnover of £2.5m, said the acquisition will “save jobs and deliver an ongoing service to existing clients”.
CFH Docmail intends that BSS Scotmail will continue to provide its current services, and will remain as a trading and production unit based in Scotland.
CFH MD Dave Broadway said: “It is always sad to see a good business like BSS Scotmail put into this position by factors outside their control. I am pleased that CFH Docmail will be able to ensure that Scotmail continues to serve its Scottish customer base as it has for the last 30 years, and that many employee positions will be protected.”
Broadway added: “When a business enters administration, it is important that action is taken quickly to protect customers and jobs. As a highly profitable and cash rich business, CFH were able to react immediately, and fund the purchase out of cash flow.”