Print buying

Prinovis UK has made a huge write-down in the value of its assets due to the seismic changes at News UK, and with the parameters of its contract with the publisher.

Independent logistics business CM Downton has bought the Charles Gee Group subsidiary C&H (Hauliers), a major supplier to UK newspaper printers, from administrators FRP Advisory.

Johnston Press has reportedly hired the investment bank Rothschild as it prepares to enter discussion with its lenders over its £306m net debt.

The new owner of St Ives Direct Bradford is putting in place its executive team ahead of a re-branding of its print interests.

Cross Media 2013 opened for business today (23 October) with a line-up of exhibitors including big names such as Konica Minolta, Layar and Brand Perfect and high hopes on visitor numbers.

Neil Mendoza, founder of Forward publishing, has been appointed chairman of The Prince's Foundation for Children and the Arts.

Polestar Sheffield has become the first UK printing plant to be awarded the Nordic Ecolabel environmental accreditation.

Geoff Rowley, Phil Armstrong and Andrew Sheridan, partners at FRP Advisory, have been appointed joint administrators to the Charles Gee Group of Companies and several of its trading subsidiaries.

Urban Cottage Industries (UCI) and Print Club London have launched Cardpress, a personalised greetings card business with a difference.

Clays has printed British singer-songwriter Morrissey's memoirs, <i>Autobiography</i>, which has controversially been published under the Penguin Classics imprint.