Receivership & administration

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...

Flexible packaging manufacturers Gelpack Excelsior and Gelpack Industrial have fallen into administration, resulting in 175 redundancies.

Cardiff Printing Company (CPC) appears to have closed.

Midlands-based printer Ortek has closed its doors.