Hollywood Monster has acquired trade sign fabricator Sygnet Group. The combined business now has 65 employees and a turnover of £12m, with the capability to print more than 15,000m2 of signage per day and now to fabricate.
The move saves the jobs of 25 staff at Sygnet, which will continue to trade from its Leicester site as Sygnet Fabrications. Tim Andrews, chairman at Birmingham-based Hollywood Monster, said the newly acquired company’s branding will undergo an update, with a new logo and website already under development. It will continue to provide bespoke signage solutions – such as totems, wayfinding, and retail and corporate signage, as well as rollout programmes – under the leadership of Hollywood Monster.
“This is an exciting time of growth for Hollywood Monster, and we’re delighted that Sygnet – which has contributed so positively to the print and signage industry over the last 45 years and which share our values – can continue to deliver quality, cutting-edge projects as Sygnet Fabrications,” said Andrews. “We are especially pleased that the acquisition will lead to the retention of 25 members of staff, who have tremendous knowledge of the industry and have shown unwavering loyalty throughout their time at the company.
“Like Hollywood Monster, Sygnet started as a family run business that works tirelessly to meet the needs of its customers, and its approach to innovation and the production of quality products makes it a perfect fit as we continue to grow to become one of the largest trade printers in the UK.”
