Keldia contract still not signed

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08 November 2001

Keldia Printings administrators have agreed a price with Masterspeed, a subsidiary of Alito Color, for the business of the Walthamstow commercial printer printer but contracts hadnt been signed before <i>PrintWeek</i> went to press.

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.

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"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration. We are all still left unable to claim the redundancy and notice pay owed..."