Finance

Service Point UK in administration
Service Point UK has been placed into administration ahead of an anticipated pre-pack sale of the business.

Xaar sales settle down after ceramics spike
First quarter trading at Xaar has returned to the “normal seasonal pattern” after last year’s spike.

Octink makes national news
Octink – and one of its brand new Durst wide-format printers – played a starring role on last night’s ITV News at Ten.

Ormside Press bought out of administration by Intoprint
Ormside Press has been sold by its joint administrators Cameron Gunn, Simon Harris and Mark Supperstone of Resolve Partners, to Sheffield-based Intoprint, an unrelated B3 litho, digital and...

New-look investors
Necessity is the mother of invention, or so it’s said. This has certainly been true when it comes to raising funds for growth in recent years; it has been a lean time for securing business loans from...

Arjowiggins to refocus business as parent Sequana announces major debt refinance
Sequana, owner of the Antalis paper merchanting group and Arjowiggins paper mills, has announced details of a refinance of both companies' debt alongside an operational restructure at Arjowiggins.

CVC Capital Partners sells Flint Group to Goldman Sachs and Koch Industries
Flint Group has been sold by its private equity owner, CVC Capital Partners, to a joint venture between Goldman Sachs Merchant Banking Division (GSMBD) and Koch Equity Development (a subsidiary of...

Close and Compass secure government funding for print
Close Brothers Asset Finance and Compass Business Finance are among the 50 organisations to receive money as part of Round 5 of the government’s Regional Growth Fund (RGF).

Ceros gains fresh investment
Ceros plans to “rapidly expand its sales and marketing activity” after gaining a multi-million pound venture capital investment.

Streamline owner Lockley beds in with second print firm
Former Inspired Thinking Group (ITG) director Mark Lockley, who bought Leicester-based Streamline Press last year, is eyeing further growth after completing the acquisition of local rival, John Baxter...