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1 week ago | 
printweek.com | Jo Francis
The group said it was one of the largest private solar installations in Britain. It covers more than 7,500sqm of roof space and is comprised of 3,680 individual panels. Group ESG director Lucy Klinkenberg said the installation would “significantly enhance” Paragon's sustainability credentials and would also contribute to its broader environmental goals.
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1 week ago | 
printweek.com | Jo Francis
The latest report from joint administrators Rehan Ahmed and Jeremy Woodside of Quantuma Advisory details events that resulted in the firm going down with an estimated total deficiency of just over £1.7m. HMRC is the single-biggest creditor, owed £1.1m for PAYE and VAT. HMRC had been pushing for payment and it appeared likely it would issue a winding-up petition.
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1 week ago | 
printweek.com | Jo Francis
The North Wales firm was established in 1904 by William Owen Jones, with his son Hefin – Martin Jones’ father – subsequently taking over. Martin Jones originally wanted to become an electrician at the Wylfa nuclear power plant, which was being constructed at the time, but Hefin Jones insisted that he should leave school at 16 and join the family business. He started off as a compositor at the company, and his love for the printing process blossomed.
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1 week ago | 
printweek.com | Jo Francis
US-headquartered Palantir specialises in big data analytics and its share price has gone up by more than 450% over the past year as its AI-enabled automation tools have been adopted by governments and organisations. Palantir currently has a market capitalisation of $313.42bn (£232bn).
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2 weeks ago | 
printweek.com | Jo Francis
A quick-thinking employee captured the spider as it scuttled down a corridor at the Blackburn company, and the firm set about trying to work out what on earth it was. Partner and general manager Jane Caunce takes up the story: “We went into full-blown investigation mode. We contacted a lovely customer who works in conservation, another who knows all about wildlife, and reached out to a reptile expert who’s brilliant with bugs (thanks Corinne Firth-Surkitt for the recommendation).
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2 weeks ago | 
printweek.com | Jo Francis
The Israeli digital press manufacturer is understood to be making more than 100 employees redundant according to local business daily Globes, which equates to over 20% of its overall workforce of some 500. In a statement, LDP said that it was restructuring to align the company with the current business environment. LDP emphasised that the company – which came out of last year’s Drupa expo with a record order book – was still growing, despite the economic travails.
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2 weeks ago | 
printweek.com | Jo Francis
The proposed deal was announced last month. The enlarged Evri business would deliver at least 1bn parcels and 1bn business letters a year. Germany-headquartered DHL Group would also take a significant minority stake in Evri as part of the deal. The CMA is considering whether it is, or may be the case that this transaction would result in the creation of a “relevant merger situation” under the merger provisions of the Enterprise Act 2002.
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2 weeks ago | 
printweek.com | Jo Francis
Rutland Partners is a London-based private equity fund. It invested £33m and took a majority stake in Walstead back in 2016, in a deal that allowed the group to purchase Austrian group Leykam Let’s Print and pursue its “last man standing” strategy. Chairman Mark Scanlon commented: “We have had an excellent relationship with Rutland over the last 10 years.
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3 weeks ago | 
printweek.com | Jo Francis
Printweek understands that the Dorset-based luxury print and packaging specialist has formed a new connection with BCP Media Group, based nearby in Bournemouth. BCP’s group managing director David Stroud is now also managing director at Dayfold, according to sources close to the company. BCP offers a range of printing services and is helmed by CEO Ian Shenton. A number of Dayfold employees have also been made redundant as the business effects a restructure of some form.
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3 weeks ago | 
printweek.com | Jo Francis
The deal completed on Tuesday (3 June). Encore acquired Blackburn-based Heritage on a going concern basis from German owner Mayer-Kuvert, itself part of the Mayer Group. The terms of the deal were not disclosed. Encore Group said the buy provided “much-needed consolidation to help maintain a healthy envelope market”. Managing director David Cooper said he expected customer and supplier accounts to continue operating seamlessly, and it was very much “business as usual”.
