Mergers and acquisitions

Heidelberg signed an agreement last week to acquire European Printing Systems Group (PSG), for an undisclosed sum.

Cimpress, the parent company of Vistaprint, has acquired French web-to-print company Exagroup.

Paperlinx has posted a significant slump in sales as losses treble in the first half of 2014/15 as the group inches closer towards a sale of all or part of its European operations.

Mailmate Print has acquired the print and mailing division of Jersey Post and relocated the operation in a circa £300,000 strategic investment.

Print Trade Suppliers (PTS), a member of the Paragon Group, has acquired Print City for an undisclosed sum.

London-based print marketing communications business Paperhat Group has acquired Bulgarian digital specialist Despark for an undisclosed sum.

Sign-making firm Hawes Signs has laid off 57 workers and proposed a Company Voluntary Arrangement (CVA) after losing almost £3m worth of business in less than two years.

Nick Dixon and Rick Taylor, who between them created the £53m Lateral Group, are poised to return to the industry with a new buy-and-build venture.

GT4 Group, owner of Glasgow-based labels and packaging printer Gavin Watson and creative agency GT4, has acquired fellow Scottish commercial printer Creative Colour Bureau (CCB) in an all-share deal.

London-based print marketing communications business Paperhat Group has acquired the Manchester-based digital agency CTI Digital for an undisclosed sum.