Textflow, the Belfast-based digital print and e-solutions company, has been bought from owner W&G Baird Group by managing director Nigel Ewing.
The firm has also won more than 1.5m of new contracts in the public and private sectors, and invested 500,000 in three new Heidelberg Digimaster 9110 digital presses in May (PrintWeek, 25 May).
Ewing said he was looking forward to maintaining our lead in digital print and e-solutions.
He added that he had learned a great deal under the ownership of W&G Baird and felt the firm was fully equipped and ideally positioned to meet the challenges that the IT age has presented to the printing industry.
W&G Baird chairman Roy Bailie said the groups future priorities for growth would lie with larger firms.
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"Well done all involved... great to see the investment to increase the productivity in the same footprint- much more sustainable than popping another one up."
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
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