CPI group buys Cox & Wyman freehold

Book group CPI has acquired the freehold of its Cox & Wyman paperback plant in Reading.

It paid former owner Rexam 1.3m for the 9,200m2 site, which has an annual output of 45m paperback books.

The group has also bought two Barco Lithosetter 5 CTP lines, which were previously owned by defunct magazine printer Duncan Web Offset.