Introduction

The CPI Group is a unique mix of balanced businesses and brands focused on providing the Australian graphics arts, packaging and stationery industries with an unrivalled range of solutions.

Since listing on the Australian Stock Exchange in 1992 the company has undertaken a number of strategic acquisitions. These acquisitions enable the CPI Group to offer its customers the most comprehensive range of branded products and services in paper, ink, equipment and office products available today.

CPI Group's blend of competitive advantages in scale, distribution, products, service, unrivalled brands and most importantly people are unrivalled.

The CPI Group is focused on delivering sustainable returns for the benefit of all stakeholders by developing growth opportunities throughout the business.

The CPI Group extends its finance facilities with GE for a further three years.

12th Feb 2010

CPI Group's finance costs will contract significantly due to the reduction in required funds driven by the successful restructuring programme implemented during 2009 and a concentration on the group's ‘optimal inventory project'.

Commenting on the refinancing, Managing Director Bernard Cassell said, "Middle and Senior management initiatives have delivered a decidedly positive impact on our funding requirements going forward.  GE's successful proposal was certainly market competitive and the agreement builds on our already established relationship with GE Finance"  

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