Icon, which was crowned PrintWeek's Creative Repro Company of the Year in 2005, will be incorporated into the group's pre-press division, which includes Wyndeham Argent and Wyndeham Graphics.
"The UK industry will benefit from increased consolidation, and Icon is a growing and well-respected business with the opportunity to develop greater synergies with Wyndeham's existing pre-press division," said Wyndeham chief executive Paul Utting.
Following Wyndeham's move to acquire Graphic Facilities in March 2004, Icon was one of the few independent repro houses left. Its clients include IPC for which it handles NME, Uncut and Uncut DVD; Time Out and Centaur.
Joint managing directors Paul Steggle and Mark Bauer will remain at Wyndeham Pre-Press as executive directors.
"We believe that Icon and our customers will benefit from being part of a large pre-press and print group," said Steggle.
Wyndeham paid an initial consideration of 2m, with a deferred payment of up to 1.8m, dependent on performance in 2006 and 2007. The initial 2m was made up of 1.3m in cash and 524,348 shares.
Wyndeham's shares rose 1.5p to 1.27 following the acquisition.
Have your say in the Printweek Poll
Related stories
Latest comments
"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
"So much for growth then!"
Up next...

Six months after Charlesworth deal
TJ Books looks to appoint admins

Current timeframes are insufficient
Election print and postal pressures highlighted in AEA report

"Significant milestone"
Riso celebrates 20 years of inkjet

Strengthens existing product portfolio