Business

Trade and expense creditors of RAP Spiderweb were owed nearly £186,000

RAP Spiderweb causes of administration revealed

Documents filed at Companies House relating to Oldham-based commercial printer RAP Spiderweb have revealed that the company had an estimated deficiency of around £1.5m when it went into administration...

Heinzel Group will take over the responsibility for Steyrermühl. Image: Heinzel

UPM confirms paper machine closures

UPM has permanently closed paper machine 6 at its Schongau site in Germany and paper machine 4 at Steyrermühl in Austria, taking out 485,000 tonnes of graphic paper capacity in Europe.

Vacher: PLC now has a stable platform for future trading

De La Rue now 'stabilised', banknotes show signs of recovery

Shares in De La Rue rose by more than 10% after the group announced year-end results that it hopes will draw a line under recent jitters about the future of the group.

Raithatha: "We are innovating to differentiate and elevate Moonpig cards"

Moonpig hails resilient business model as sales grow

Moonpig has remarked on its “resilient profitability and robust cash generation” in its full-year results, which saw the company’s revenue grow as it increased the prices of its cards, but its profits...

Fuel4 Print took delivery of the Prime L last week

Fuel4 Print buys UK first Acuity Prime L

Staines large-format specialist Fuel4 Print has become the UK’s first owner of a Fujifilm Acuity Prime L flatbed press.

European Commission: insufficient ground to further pursue the investigation. Image: UPM

Pulp sector antitrust investigation closed

The European Commission has decided to close its antitrust investigation into potential anticompetitive practices in the wood pulp sector.

(L-R) ADM Group's Ed Colflesh and DASS' Wayne Cowden

ADM Group acquires DASS

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

Pattern generated by Prinfab AI using the prompt 'orange fruit pattern design with actual tangerines in light purple'

AI tool for generating repeating patterns launched

A free online tool that enables users to create repeating patterns from a text description, powered by AI, has been launched by textile print-on-demand specialist Prinfab.

Factory price could be reduced further. Image: EHB Reeves

Warwick Printing Co now insolvent

Expectations that Warwick Printing Company would be able to pay all its creditors in full have been dashed – and the business is now moving into an insolvent liquidation process with a likely...

Continental Grafix products include floor and wall vinyls, and perforated window vinyls

Innotech Digital becomes Continental Grafix distributor

Innotech Digital has been appointed as an authorised UK distributor for Continental Grafix.