Business

Red Sea crisis puts countdown on consumables
Attacks on Suez-bound shipping by Houthi forces have put European printers at risk of dramatic price rises in consumables and machinery, with the IPIA warning that an extended crisis could see...

Fespa updates on 2024 Expo
Fespa has confirmed that more than 425 exhibiting companies have so far confirmed to participate at the co-located Fespa Global Print Expo 2024, European Sign Expo, Personalisation Experience, and...

Ex-Headley site up for industrial development after failed housing bid
Bust historic printer Headley Brothers’ old site in Ashford, Kent, has been proposed as the site of huge new warehouses, after the abandonment of a previous application for housing development.

Acquisitive Customark buys Prisym consumables division
Industrial labelling firm Customark has bought Prisym ID’s consumables division, less than a month after its purchase of Paramount Labels.

Telegraph owner-in-waiting moves to assure doubters
The American former media executive helming the controversial Abu Dhabi-backed bid for the Telegraph and Spectator titles has described RedBird IMI as being “a little bit smarter than some of our...

Venn Holdings hits the buffers
The Venn Holdings buy-and-build dream is in tatters after print wing JDP was shuttered after Christmas, with liquidators expected to be appointed imminently.

Xerox to cut workforce by 15%
Xerox has revealed a new operating model and organisational structure “to further the company’s reinvention” and is looking to reduce its workforce by 15%.

DecTek returns to IGS for ninth Titanium cutter
DecTek has taken on a new Titanium 330-R reel to reel digital label cutter from International Graphic Supplies (IGS) – the ninth cutter from the Titanium range it has purchased.

XBM buys new head office with £1.8m NatWest loan
XBM has used a £1.8m loan from NatWest to buy a new head office and warehouse – doubling the size of its current Leeds headquarters and creating over 45 new jobs.

Director disqualified after Covid loan support given to dormant firm
A director of a business specialising in personalised sweets and other edible items has been barred for a decade for claiming a taxpayer-backed Bounce Back Loan on false pretences.