Business

FD disqualified over false invoices
The finance director of a pre-media business has received a lengthy ban after raising false invoices that totalled more than £325,000.

Customark acquires Goldcrest from ESP
Industrial labelling firm Customark has acquired eight-person labelling operation Goldcrest (Adhesive) Products from Handel Group, the parent company of Swindon’s ESP Colour.

MCC responds over Cwmbran closure plans
Multi-Color Corporation (MCC) has moved to reassure customers and employees following the shock news that it plans to close its flagship plant in South Wales.

MCC to close Cwmbran site
Print employment in Wales has been dealt another blow with news that Multi-Color Corporation plans to close its loss-making site in Cwmbran.

UPM Raflatac snaps up Metamark
UPM Raflatac has made another significant acquisition with a £146m deal to take over UK manufacturer Metamark.

Interest in De La Rue hots up as more potential buyers emerge
The ongoing saga over the future ownership of De La Rue has entered a new phase, with the group kicking off a formal sale process after receiving “preliminary approaches” from more than one potential...

Graphic Packaging reports on 2024
Graphic Packaging has posted sales down 7% for 2024, impacted by “unusual volume challenges” and customer destocking.

End of the line for Venn
Directors at Venn Holdings have applied for the company to be struck off the register and dissolved.

Daily Mail to fold print and online operations together; redundancies expected
Daily Mail bosses have told staff to expect redundancies, as publisher DMG Media merges its Daily Mail and MailOnline editorial and commercial teams into a single operation.

Xerox puts end to difficult year with positive forecast
Xerox’s full-year results have shown falls in revenue, profit and earnings per share as the company restructures – but guidance for single-digit growth in 2025 signals hopes for recovery at the group.