Mergers and acquisitions

Grafenia has written off more than £800,000 following PFI Group’s failure to meet the payment schedule for its Works Manchester acquisition.

City A.M.’s new owner could emerge from an unexpected direction, with listed health and beauty specialist THG tipped to take over the business and financial freesheet.

Reflections Print Finishers has acquired the business and assets of Crystal Press, including its trademarked Ecofoil recyclable foiling technique.

Chapel Press has acquired the Deanprint name and intellectual property as the firm marks 40 years of successful trading.

Lloyds Banking Group has brought in BT Openreach chairman Mike McTighe to oversee the sale process at the Telegraph Media Group and The Spectator magazine.

Claverley Group (CGL) has acquired Lyonsdown, a privately-owned speciality digital media production company, for an undisclosed sum.

Delta Group has significantly boosted its creative credentials with the acquisition of iconic London-based film and TV marketing agency Feref, to further deliver on its multi-channel growth strategy.

Ipswich litho and digital printer Fuller Davies has been bought out of administration by KNP Litho.

Manroland Goss and GWS Printing Systems have acquired Galred Europe in a strategic move intended to expand GWS’ presence in the used packaging equipment sector.

Formara has been sold to a boutique private investment firm with owner and managing director Phil Wilce set to retire.