Receivership & administration
Review of 2014: February
All the business news, from acquisitions to liquidations, investments to divestments, from a year in the industry.
LPC Printing closes with loss of 56 jobs
Hampshire-based commercial printer LPC Printing has fallen into administration and ceased to trade.
Pureprint hires ex-EPC Direct staff following Bristol firm's closure
Pureprint has established a Bristol office following the recruitment of four staff from EPC Direct, which closed its doors earlier this month.
Advent Colour admins expect some return for unsecured creditors
Unsecured creditors of Advent Colour are expected to receive 5p-10p per £1 of debt from the failed Andover printer, according to the administrators' six-month progress report.
Millnet Document Solutions calls in administrators
Millnet Document Solutions, the joint venture between Yolanda Noble and document management specialist Millnet, has been placed into administration after a key client significantly reduced its work...
Langley Holdings to acquire DruckChemie
Manroland Sheetfed-owner Langley Holdings is set to acquire the German print chemicals group DruckChemie out of administration.
Tenza Technologies calls in administrators
Self-adhesive label stock manufacturer Tenza Technologies has fallen into administration, resulting in the loss of around 70 jobs.
Editor’s comment: Some sins are beyond redemption
How long does it take to travel the road to redemption in print?
HPM & Addo sold in pre-pack admin deal to director
HPM & Addo has fallen into administration and is understood to have been sold to one of its directors, Keiran Bayley, in a pre-pack deal.
Web’s decline has a way to go yet
It’s a depressing list, and a depressingly long one. The list (below) featuring a roll-call of more than 25 web offset printers that have closed since the year 2000 includes some of the industry’s...