Print buying

Paperlinx has announced it will not pay a distribution on its step-up preference securities (PSPS) for the six months to 30 June.

Wyndeham Group has acquired Artisan’s key bindery assets and is setting up a new business unit on the back of a three-year deal with Argos.

Paperlinx has completed the sale of its Irish operations, which will now be renamed Graphic & Paper Merchants Ireland.

A new colour measurement device could dramatically reduce the time taken to check output and create profiles.

Speculation is mounting over the future for Tullis Russell’s valuable brands, as it emerged that the failed papermaker was owed more than £1m by Paperlinx when the merchant went into administration.

HH Global has parted company with one of its long-serving directors.

Paperlinx UK owed creditors almost £53m, had a pension deficit of £180m, and owed HMRC nearly £10m in VAT at the time it was placed into administration.

Rapidity is making its first move into flatbed wide-format with new kit from Canon and Esko.

Grafenia has switched strategy and expects its Marqetspace and Nettl offerings to become “the mainstay” of the group’s business over the next three years.

Paperlinx’s Irish business is being sold to its management team, while its Scandinavian operations have been sold to Antalis International.