CPI has received valid acceptances for over 98% of Fulmars shares, and expects to de-list the company by the end of June.
Fulmar informed the City that it was in talks with a potential bidder at the end of March, comfirming, on 4 April, that the bidder was European book group CPI .
Fulmar comprises flagship colour commercial print business in Croydon, Royle Corporate Print, paperback book plant Bookmarque and jacket and cover printer The White Quill Press. CPI owns CPI Bath (with plants in Bath and Glasgow), Antony Rowe, and paperback plants Mackays and Cox & Wyman. The combined UK operations of both firms will have sales of 115m and make up around a third of CPI Group's overall revenues.
Have your say in the Printweek Poll
Related stories
Latest comments
"Following content from the EcoVadis website:
<i>An EcoVadis medal or badge is NOT a certification or an endorsement of a company or its products or services, and it does not indicate that the..."
"Lee De’ath, starting to feel typecast in the insolvency department? Fancy a change in a career? Children's entertainer maybe?"
"Fantastic investment its great to see."
Up next...
Criticised by NUJ for £25m dividend
DC Thomson cuts four titles; 35 roles redundant
Supports rapid growth strategy
Grafit Display Hire acquires JNM Exhibitions
Latest Smithers analysis
Packaging and labels to prove key growth area
Optimised to produce ‘Extended Content’ labels