Receivership & administration

Where did 2017 go? Looking through our review of the year, it most definitely happened – and while it might not have been a vintage year for print, it was certainly an eventful one.

West Sussex-based Express Printing has closed its doors after more than 30 years in operation, with 12 staff made redundant.

Scottish commercial printer Meigle Colour Printers has entered provisional liquidation, blaming a “disillusioned trade” and a recent forced premises move, with 15 staff made redundant.

It’s a sad fact of life that businesses can and do fail and the fallout impacts many – owners, shareholders, employees, customers and suppliers alike.

Packaging printer Cornwallis Company (Cheshire) has been acquired out of administration and has changed its name to D&M Packaging.

The Gelpack group of companies has been bought out of administration by environmental utility group Visionscape.

West Sussex-based direct mailing operation Nova Direct Mail has been placed in administration with the loss of around 22 jobs.

According to research from accountancy firm UHY Hacker Young, entrepreneurs are four times more likely to start a business in London than in the Vale of Glamorgan.

International packaging giant Coveris has bought kit, including two Hosokawa Alpine co-extrusion lines, from Gelpack Industrial after the flexible packaging manufacturer fell into administration...

Following our usual summer hiatus in print and this issue’s resulting catch-up on the industry’s comings and goings, you could be forgiven for thinking that the past few weeks have been pretty painful...