Mergers and acquisitions

An SME creditor of PFI Group’s shuttered Futurama business has resorted to taking direct action against the end client – a major bank – to recover its losses.

Paper handling, monitoring, processing and finishing kit for digital print specialist Tecnau has acquired all operating activities of Sitma Machinery.

Independent corrugated packaging supplier The Logson Group has acquired a majority shareholding in packaging and PoS printer Durham Box.

A Norfolk printing company with a history stretching back to 1870 has changed ownership via a management buyout.

Mondi has completed the sale of its three Russian packaging converting operations to the Gotek Group for a total consideration of RUB 1.6bn (£14m).

A ‘for sale’ sign has been hoisted over London business freesheet City A.M. as the company looks to its “next chapter”.

Precision Colour Printing (PCP) has a new managing director, with commercial director Nick Evans stepping up into the role.

Paragon has acquired MINC, a Dutch provider of logistics and fulfilment services for online shops and e-commerce activities.

ADM Group has strengthened its capabilities “across both shopper marketing and digital solutions” with the acquisition of DASS and its proprietary MarTech platform, FLOW.

All4Labels Global Packaging Group has snapped up five more companies in the space of a week, including the UK’s Springfield Solutions.