Receivership & administration
Production restarts as Scheufelen secures investment
German paper mill Scheufelen has restarted production at its Lenningen base after securing “a strong partnership of investors”.
German mill begins insolvency proceedings
German paper mill Zanders has opened insolvency proceedings, citing reasons including increases in raw material and energy costs.
Sunline Direct Mail closes after no buyer is found
Sunline Direct Mail has entered administration after no buyer emerged for the business during an accelerated marketing process taking place over the past few weeks.
Feldmuehle Uetersen sale confirmed
Independent German paper mill Feldmuehle Uetersen has confirmed that it has been acquired, with more than 95% of jobs saved.
Buyer sought for Sunline Direct Mail
Efforts are underway to sell Sunline Direct Mail as a going concern after the firm’s owner filed a notice of intention to appoint an administrator.
Henry Stone shortfall revealed
Henry Stone had less than £1,000 in the bank when it went bust earlier this year, and left behind a total shortfall of almost £3.5m.
Rethink CMYK in administration
Print and marketing company Rethink CMYK has gone into administration.
Feldmuehle Uetersen sold
Independent German paper mill Feldmuehle Uetersen, which filed for insolvency in January, has been sold.
SPD Design & Print transfers assets and staff prior to liquidation
Wide-format specialist SPD Design & Print is set to enter liquidation following the transfer of its assets and employees to a new company, SPD Print & Design.
Claremon acquires assets from liquidating neighbour, eyes expansion
Claremon has taken on the assets of its Bradford neighbour Wheelden Print as the latter went into voluntary liquidation due to a shortage of funds.