Print buying

Handy Brand moves to employee ownership structure
Labels and sticker printing specialist Handy Brand has completed an Employee Ownership Trust (EOT) scheme that will meant its employees own a majority share of the business.

Hague expands with PSL buy
Hague Group has returned to the acquisition trail with a deal to buy PSL Print Management.

CPMA speaks out on Diageo packaging change implications
The Consumer Packaging Manufacturers Alliance (CPMA) has commented on the potential wider implications on the packaging industry of Diageo’s decision to start phasing out the use of 183 million...

Sylvamo brings in rights plan as industry awaits Russia update
Paper manufacturer Sylvamo has instigated a ‘poison pill’ Shareholder Rights Plan after a big private equity business gained a substantial stake.

Bluetree separates mask wing
Bluetree Group has implemented a new corporate structure and holding company to reflect the new shape of the business since it began making surgical masks.

Tesco steers customers towards online statements
Tesco plans to send out Clubcard statements by email rather than post from next month “to help save paper” – although there is an option for customers to opt back in to printed communications.

Company financial distress levels rise
There was a 19% increase in the number of companies in critical financial distress in the first quarter of 2022, according to new research.

Industry awaits Walstead decision on what's next for YM web kit
Walstead’s deal to buy at least seven web offset presses from the collapsed YM web division has resulted in feverish industry speculation about what happens next.

Lecta to up prices on specialty grades
Lecta will increase prices on all of its specialty paper grades by 8% to 10% from next month.

Avery Dennison European ops benefit from big spend
Avery Dennison is making a substantial investment in its European manufacturing capacity with programmes involving a €60m (£50.4m) spend underway.