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rebranding effort , a new group website will soon be launched to showcase the extensive capabilities and offerings of ICG . While it is still too early to assess the reception of the rebrand , key stakeholders and staff have responded positively to the changes ,” he says .
Significant initiatives
Andrew anticipates that the successful rebranding of ICG will yield further positive transformations . “ In 2008 , Integrity Print was a business forms printer with a turnover of £ 60 million . However , by 2024 , the print division of ICG is projected to contribute £ 16 million to the Group ’ s overall turnover of £ 66 million . This significant shift in demand stems from the obsolescence of many traditional products , such as listing paper , NCR sets , and paper invoices , driven by advancements in technology . To ensure continued success , ICG has pursued diversification through a combination of acquisitions and investments . Presently , the group consists of four divisions : print , customer communications , labels , and security print . The print division produces traditional business forms while also diversifying into high-volume leaflets , door drops , paper wraps , and direct mail . Meanwhile , the customer communications division is responsible for sales , consultancy , and production of multi-channel communications across various market sectors , supporting clients in both digital transformation and traditional mailing work . This division possesses significant potential for market share growth . Also demonstrating strong potential for market share expansion , our labels division specializes in both high-volume label manufacturing , and short run bespoke digital output , catering to sectors such as healthcare , logistics , and food and beverage . Our security print division is comprised of two companies . Both offer high security print and data communications solutions to combat fraud and prevent counterfeiting of critical documents . The security division trades strongly in the UK and exports to over 30 countries worldwide . Since its formation , all three new divisions have consistently delivered profitable yearon-year growth , allowing ICG to navigate the substantial decline in traditional print markets . The continued support from Investec , the original funder of the MBO , has facilitated acquisitions and investments necessary to adapt to the technology-driven changes in the communications market ,” he elaborates .
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