It plans to more closely align the two companies. Maldon-based Heron produces weekly and monthly magazines and catalogues; Basingstokes Impact is renowned for its magazine cover printing.
An interim management team led by Heron production director Ray Lesnik and finance director Mike Edwards will manage the transition, which will result in redundancy for three of Impacts senior management team. Sales director John Crouch, one of Impacts founders, will remain with the firm. It is not clear how, or if, the changes will affect managing director Peter Gubb.
Wyndeham group managing director Paul Utting said: We want the whole group to be working together more closely and this is a logical place to start.
Story by Jo Francis
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