The partnership means that combined member revenue for Nemo, Tara, the Graphic Dealers Limited and Network Buying Group will exceed £285 million.

The two dealer groups report that they have recognised and identified common purchasing opportunities and operational synergies that will enable them to return substantial benefits to their members.

Eoin Bedford, Chairman of the Board at Tara said: "Nemo is one of the most trusted groups in the industry and Tara is one of the biggest and most respected dealer groups in Ireland. Both groups have made good progress in 2009 despite a difficult economic climate and I am much looking forward to working with both groups moving forward.”

Nemo CEO Derek Bamford said: “We are delighted to announce the partnership between ourselves and Tara, and both our organisations are excited at the opportunities and benefits that this association will bring to our member dealers. We look forward to working closely with the Tara Dealer Group, and I am confident that our shared values as dealer-owned and driven groups will provide a strong foundation for the success of this alliance.”