Mergers and acquisitions

Presco UK acquires Joto assets from liquidation
Finishing consumables supplier Presco UK has acquired the goodwill and assets of Joto Print Finishing, including the exclusive UK distributorship for Rilecart's wire-binding spools.

Domino acquires Lake Image Systems
Domino Printing Sciences has acquired British inspection technology specialist Lake Image Systems.

Heidelberg sells Gallus for €120m
Heidelberg has agreed to sell off label printing wing Gallus as part of its ongoing strategy to focus on its core sheetfed business.

Antalis now under KPP control
Kokusai Pulp & Paper has officially taken control of Antalis after it completed the purchase of the shares held by majority shareholder Sequana, marking a “new page” for the merchanting group.

HH Global in mega-merger
HH Global is taking over its much larger rival InnerWorkings in a $177m marketing services mega-merger.

Sun completes Sensient deal
Sun Chemical has completed its acquisition of Switzerland-headquartered textile and packaging inkjet ink manufacturer Sensient Imaging Technologies (SIT).

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

SPOT suppliers owed millions at time of admin
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 adds to inkjet portfolio with Sensient buy
Sun Chemical has expanded its water-based and digital printing inks business with the acquisition of Sensient Imaging Technologies (SIT).

H&H Reeds hits M&A trail
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".