Mergers and acquisitions

The Alexir Partnership has moved to retain its independent status by becoming employee owned.

Spicers Office Team (SPOT) owed paper and envelope suppliers almost £3m when it went into administration last month, with one paper manufacturer alone owed just under £1.86m.

Sun Chemical has expanded its water-based and digital printing inks business with the acquisition of Sensient Imaging Technologies (SIT).

Commercial and signage printer H&H Reeds has expanded its offering and acquired a web development company this month as it looks accelerate out of lockdown and pivot to the "new normal".

Paragon Group has followed up its acquisition of OfficeTeam and ZenOffice in the UK with the purchase of the Spicers Ireland business.

The final two businesses in Landry Kouakou’s short-lived print empire are now in administration, with the business and assets of one operation sold to a retail marketing specialist.

Axel Springer chairman and CEO Dr Mathias Döpfner has urged German and European leaders to “decouple” from China and forge closer alliances with the US and post-Brexit UK instead.

Go Inspire Group has recorded 15% jump in profits in the year to 31 March 2020 and is poised to play a role in the inevitable post-lockdown consolidation of the UK print industry.

Paragon Group has acquired the OfficeTeam and ZenOffice businesses after parent group Spicers Office Team (SPOT) went into administration.

Agfa has completed the sale of its HealthCare Information Solutions business, with fresh CEO Pascal Juéry stating that the near-€1bn proceeds will be used to “secure the future of the company”.