According to King Sturge Plant Machinery, which auctioned off Capital’s equipment, more than 90 firms from across the world registered to buy kit.
The auction concluded on Friday afternoon (8 August) and almost all of the kit has now been sold and is thought to have brought in between £350,000 to £400,000.
King Sturge said it could not comment on specifics of the sale. However, Spencer Chapman, partner at King Sturge, said: "The sale was very successful, much of it was large-format kit and we have seen from this that specialist equipment does have a market.
"A couple of lots were left unsold, but we are close to negotiating a deal on them now, there are several interested parties. Of the kit that was sold, around 50% will be exported, with destinations including Turkey, Switzerland and Austria.
PrintWeek has also questioned the LDA on the amount that Capital received in compensation when it was forcibly moved due to the 2012 Olympics.
The organisation is unable to give out figures because it is still negotiating with some of the businesses over their moves.
However, it has revealed the dates that the four print companies – Capital, Moorgate, Newsfax and Park Communications – completed their full and final agreements.
All the companies began negotiating with the LDA in July 2005. Moorgate (which has since gone into administration itself) completed on 18 April 2006, Newsfax completed on 24 April 2006 and Park Communications finalised on 23 May 2006.
Capital finalised on 3 June 2008, although it requested certain claims were kept open during the move.
According to the LDA, Capital was the only one of the four to have the LDA coordinate the build and move of the new premises. Newsfax built its own, while the other two companies moved into already built locations.
A spokesman for the LDA said: "Since 2005, the LDA has given substantial support to Capital Print throughout the relocation process. This has included payment of their professional team to deal with the compensation claim."
They chose to keep their disturbance claim open during the construction, between May 2006 and July 2007, to capture issues encountered in the process. The company did not provide a valid loss of profit claim until early 2008.
As this claim was incomplete, more information was provided in May, which was immediately reviewed by LDA consultants Deliotte, leading to the remainder of the settlement in June 2008.
