Receivership & administration

Unite is seeking “urgent clarification” from De La Rue about the company’s future after it admitted that it could breach banking covenants.

KJB Print’s brochure division WM Printing Solutions has been placed into liquidation, while Printweek understands that its parent company has been bought out of administration.

Paper converting and merchanting business Aspenlink owed creditors nearly £2.7m when it suddenly went bust last month.

Herts-based print procurement firm Jump Design and Print has acquired the goodwill, customer list and order book of David Taylor Automedia after attempts to restructure the business failed.

One of the three businesses brought together by a UK private equity fund to form the Hexcite Group earlier this year has gone into administration.

KJB Print has gone into administration but its trading status is currently unclear.

Large-format specialist Odessa Print Group has gone into administration with the business sold as a going concern to its directors and now trading as Odessa UK.

Insolvency proceedings are now underway at two former Bradley Group companies in Belfast after a lengthy delay, while separately queries have been raised over pension deductions related to Nicholson &...

A possible rescue deal at Latimer Trend has hit the buffers after terms could not be agreed, with administrators now appointed at the long-standing print business.

Paper merchant and converter Aspenlink has gone into administration.