Mergers and acquisitions

York Mailing has ended weeks of speculation and acquired The Lettershop Group in a deal signed last Friday (9 August).

Perivale-based NGS Finishing Solutions has taken over Purfect Binding Company (PBC) and moved into its Wembley site.

Speculation is mounting that York Mailing is close to confirming its first acquisition since securing 10m in new funding last month.

KBA has taken another step on its diversification path with the acquisition of an 85% stake in German direct-to-container decoration press manufacturer Kammann Maschinenbau.

Punch Graphics is to sell its majority stake in digital press manufacturer Xeikon in a deal that values the business at €185m (£160m).

Commercial printer KPM has moved into publishing following the acquisition of five magazine titles from a collapsed publisher, a strategic move it said would boost turnover by a "significant amount".

Private equity firm Carlyle Group has bought the paperboard operations of global packaging group Chesapeake from Irving Place Capital and Oaktree Capital Management.

Bristol-based adhesive coatings manufacturer Drytac Europe has acquired Canadian firm Multi-Tac for an undisclosed sum.

Managed print services provider InnerWorkings has acquired Yorkshire-based Professional Packaging Services (PPS) for an undisclosed sum.

EFI has acquired Belgian MIS developer GamSys Software as it looks to expand its reach through Europe.