Business

The takeover deal for Royal Mail parent International Distribution Services is expected to complete at the end of this month – although a majority of shareholders are yet to accept the offer.

Moonpig expects to achieve sales of at least £350m in its current financial year, with EBITDA profits at the top end of expectations.

Belfast’s Northside Graphics has acquired nearby print house Media Design and Print, bringing the business up to £11m turnover and 80 employees.

Long-standing carton board converter Boardlink has filed a Notice of Intention to Appoint Administrators.

Durst has acquired premedia automation specialist Callas Software.

The long-running payment wrangle between Agfa and ECO3 purchaser Aurelius Group continues to rumble on, with Agfa set to receive part of the still-outstanding €31.4m (£26.2m) this week.

Konica Minolta is selling its Indicia Worldwide marketing services business to ADM Group.

Grenadier Packaging has expanded with the acquisition of folding cartons specialist Kentmere Packaging.

Mondi’s acquisition of Schumacher Packaging’s Western European business has successfully completed.

Koenig & Bauer is supporting its aims for further growth in digital business models by spinning off its Digital Unit from the holding company.