Mergers and acquisitions

Prontaprint London, the Marylebone branch of the B2B and retail print provider, has installed a pair of new Xerox digital printers following a recent MBO.

Xerox has agreed to acquire ITsavvy, a US provider of integrated IT products and associated services, for $400m (£307m).

De La Rue has agreed to sell its Authentication division to US giant Crane NXT in a £300m deal that will help the group shore up its finances and tackle its pension obligations.

Braille print and accessible format media company Gwasg Pia has transitioned into employee ownership, nearly 40 years after it was founded as a cooperative in 1985.

International Paper has confirmed that at a shareholder meeting in connection with its proposed “combination” with DS Smith, the necessary approval of its shareholders was obtained.

The operations of Inapa’s insolvent German subsidiaries Inapa Deutschland, Inapa ComPlott and Inapa Packaging have been transferred to Japan Pulp & Paper (JPP).

After losing out on its bid to buy DS Smith, Mondi has returned to the acquisition trail with a deal to acquire Schumacher Packaging’s businesses in Western Europe.

German adhesive manufacturer ATP adhesive systems (ATP) has acquired solvent-free adhesive coatings firm Neschen Coating in a 7 October deal.

Digital print, promotion and wide-format firm TheMPC has acquired local litho printer IC Printing Services, adding B3 litho to its service list.

Antalis is set to acquire the rest of Xerox’s paper business in EMEA, becoming the sole distributor of Xerox-branded papers in the region as a result.