Print management and logistics service provider Argus Solutions (ASX:ASV) has entered into a strategic partnership with the Print Media Group, the soon-to-be owner of its major supplier.
The agreement gives Argus much-needed security of supply, which has been threatened since its supplier Paragon Printing (now the South Pacific Print Group) entered administration.
Argus also said it was planning to introduce new products in co-operation with PMG, which will be announced in due course.
“The ASV-PMG alliance provides us with substantial opportunities for earnings growth by broadening [our] services and customer base,” Argus CEO David Gavonjic said.
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