The Castle Donington-based company was placed into administration with KPMG earlier this month following the loss of the UK contract to supply Presstek Dimension platesetters and Anthem processless plates to AB Dick.
KPMG joint administrative receiver Allan Graham said: We received a number of offers for the business, but the proposal presented to us by the management provided security for the eleven employees and was the best option for creditors.
The assets were bought by GOP Finance, but will trade from the same address and use the same telephone number as Graphic and Offset Plates.
Have your say in the Printweek Poll
Related stories
Latest comments
"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
"Bound to be, most likely those not key suppliers along with HMRC"
"And now watch for those reversion charges to come in thick and fast, for the slightest deviation from the mailing specification 😉😂"
Up next...
Expected to complete Q1 2025
RRD to acquire Williams Lea
Launched earlier this year
Format Graphics in world-first Agfa Jeti Bronco install
No joy finding strategic partner
Expansion fuelled CB Printforce UK collapse
Anticipated to close Q1 2025