Keldia Printings administrators have agreed a price with Masterspeed, a subsidiary of Alito Color, for the business of the Walthamstow commercial printer but contracts hadnt been signed before PrintWeek went to press.
Joint administrator Andrew Andronikou has called a meeting of Keldias creditors committee for next Wednesday (14 November), where he will present the deal.
Alito chairman Terry Brady won the race after Thomas Potts decided not to submit a bid.
Have your say in the Printweek Poll
Related stories
Latest comments
"I walked away from working with these people, too much effort for little reward! nice people, wish them all the best for the future!"
"Does that mean we'll have to think up a new name for fine white-glazed porcelain ceramics? How about Spode? Or is that a bit too, well, English?"
"“Eucalyptus globulus is five to seven times more productive than Nordic Pine and requires significantly less wood (up to 40% less) to produce the same amount of paper."
"The company added..."
Up next...
Major saving in energy use
Sterling Solutions is first in UK with H-UV web press
Millions owed by larger firm
Acorn Press Swindon and MPD Offset shortfall revealed
Highlights press versatility
Manroland Sheetfed champions print's power at Potts Print
Designed to blend speed with performance