Mergers and acquisitions

Grafenia is set to raise more than £3m via a share placing aimed at boosting the group’s plans to build up a nationwide network of signage businesses through targeted acquisitions.

XIC managing director Bill Fawcett has sold the business he founded 32 years ago to an MBO team led by director of operations Murray Alexander.

France-based global manufacturing and services group Chargeurs has acquired large-format graphics specialist Leach, for an undisclosed sum.

Positive ID Labels has acquired Limbus Labels, for an undisclosed sum.

Grafenia has made moves to angle its Nettl offering more towards web-first and signage due to challenges in traditional print, as it heads towards the end of its 2017/18 financial year.

C&D Print has rolled out a £400,000 investment strategy as it prepares to absorb print management firm Portland Media Print Services.

Haymarket Media Group has sold five of its titles to Future Publishing in a deal thought to be worth up to £14m.

Newsquest has outlined plans to close the printing operations at the CN Group in Carlisle, which it acquired last week, with more than 30 jobs at risk.

Japanese post-press equipment manufacturer Duplo Corporation has bought Duplo International, parent of Duplo UK and Duplo France and master distributor for the Europe, Middle East, Africa & Russia...

BCQ Group has bought Kidlington-based printer Hunts, taking on all of its staff and clients in a bid to expand the reach of both brands.