The firm bought maintenance contracts, spare parts and consumables. It has also taken on six engineers.
We expect to gain 55 extra clients. We approached Openshaw to sell because it brought us in line with Xeikons worldwide policy, said Xeikon GB sales director Greg Neesham.
Xeikon had already decided that it would not renew Openshaws deal, which had three years to run.
We no longer sell or service Xeikon presses but that wont affect our other areas, said Openshaw managing director Tony Halker.
With the loss of the Xeikon business, Openshaws digital print portfolio includes the new Konica Minolta 8050, Ocs CPS 700 and the.factory.
Have your say in the Printweek Poll
Related stories
Latest comments
"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
"Just wondering who Rapidity are buying the equipment from as there would not appear to be an administrator for the Reflection companies as yet?"
Up next...

Completed this week
Northside Graphics makes first acquisition since private equity investment

Sales of more than £14m
Carton and display board specialist files NOI

Software deal
Print.com parent acquires ISI Publishing Innovators

Berlin show next month