Thursday 23 November 2017

New kid on the block

There is a new tenant in one of the pair of shiny buildings down Blenheim Road, not far from where we had a rather squalid looking caravan for many months, noticed, for example, at reference 1.

I had never heard of the company before, but it turns out to be an outfit which manufactures photo booths, the sort of thing one still uses for passport photograph purposes. We have one in Epsom Station and I must now check whether it is one of theirs.

According to reference 2 they are a substantial operation and '...We currently have 47,946 vending units in operation and our technological innovation is focused on three principal areas: IDENTIFICATION: photo-booths and integrated biometric identification solutions; LAUNDRY: unattended laundry services; and, KIOSKS: high-quality digital printing...'. CEO one Serge Crasnianski and now HQ'd on the Longmead industrial estate.

It looks as if Brexit has fuelled a surge of Irish business, but I wonder how they view Brexit in the round. Does the increase in the demand for identification services arising from hard borders balance the day-to-day inconvenience for a company doing business all over Europe? The share price looks to have climbed steadily since 2013.

Reference 1: http://psmv3.blogspot.co.uk/2016/04/progress-report.html.

Reference 2: http://photo-me.com/.

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