Mergers and acquisitions

Discovery Foils saves 105 jobs at Bridgnorth site

Discovery Foils has saved 105 jobs with the purchase of Novelis's printed confectionery foil packaging business for an undisclosed sum.

GMG targets integration with acquistion of Complete Workflow Solutions

Colour management software developer GMG has acquired workflow distributor and integrator Complete Workflow Solutions (CWS) in a bid to bring more efficiency and integration to its customers.

Paperhat snaps up former O2O CEO to execute 'buy-and-build' strategy

Print management firm Paperhat is on the hunt for acquisitions following the appointment of former Office2office (O2O) chief executive Ray Peck as its chairman.

Agfa Graphics acquires Litho Supplies

Pre-press and inkjet equipment manufacturer Agfa Graphics has acquired consumables supplier Litho Supplies in a below the radar deal.

Park Comms acquires Granite Colour out of administration

Park Communications has bought the assets and goodwill of failed printer Granite Colour, saving 20 jobs in the process.

De La Rue rejects increased Oberthur offer

De La Rue has rejected an increased offer of 935p per share from French rival Oberthur, which is understood to have secured a 400m financing agreement with US-based private equity house Bain Capital...

Print and packaging printers in financial distress increase by 26%, claims research

Some 2,211 UK print and packaging printers are in "significant" or "critical" financial distress, with research by Begbies Traynor suggesting that the figure is "just the tip of the iceberg".

Majority of Transactis Liverpool staff face redundancy

The jobs of Transactis' 254 Liverpool-based staff are at risk after Unite revealed that RR Donnelley's acquisition of the company's production businesses would lead to "wide-scale redundancies".

Oberthur withdraws bid for De La Rue

Oberthur has withdrawn its increased 935p-per-share bid for De La Rue and announced that it no longer intends to make an offer for the banknote printer.

EskoArtwork sold to Danaher

EskoArtwork has been sold to Danaher for EUR 350m (297m) after its Danish shareholder Axcel signed a definitive sales purchase agreement with the US-based industrial group.