Jo Francis

2 days 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”.

2 days ago | printweek.com | Jo Francis

The Northern Ireland-based multi-wall sack specialist was acquired by former Clondalkin CEO John FitzGerald and Cordovan Capital earlier this year. The new name references the heritage of the company, which began life as C.B. Paper Sacks of Dublin back in 1956.

5 days ago | printweek.com | Jo Francis

The fresh alliance was announced today (2 June) ahead of Heidelberg’s official celebrations for its 175th anniversary. The new Cartonmaster CX 145 is based on Manroland Sheetfed’s Roland 900 Evolution press and joins the flexo web-fed Boardmaster press for folding cartons in Heidelberg’s packaging portfolio. The ‘class 6’ size Cartonmaster has a format of 1,050x1,450mm.

1 week ago | printweek.com | Jo Francis

At the end of April IG Design Group, which trades as Design Group, notified that it could offload the loss-making Design Group Americas (DGA) operation due to the potential adverse effects of President Trump’s tariff regime. The deal announced on Friday afternoon (30 May) involves offloading it to HUK 168, a special purpose vehicle of Hilco Capital. Design Group’s shares jumped on the news, and were up 33.86% to 85.00p at the close of trading (52-week high: 240.00p, low: 45.92p).

1 week ago | printweek.com | Jo Francis

The Statement of Affairs for the Sidcup business, produced by directors Luke and Paul Hastings, has now been circulated to creditors. It shows that trade creditors were owed just under £1.33m. The firm’s 37 employees were owed £495,180 for unsecured, non-preferential claims, and a further £41,264 as preferential creditors for arrears and holiday pay. The estimated total deficiency, as at 23 May, was £3,124,590.