Business

The print unit at Merseyside-based Crown Speciality Packaging is in the midst of industrial action after management allegedly reneged on an agreed pay increase.

US paper giant International Paper (IP) has renewed its exclusive UK and Ireland distribution contract with Warren Board Sales while increasing its stock range.

DS Smith Packaging is proposing to move its Bradford-based retail and display and manufacturing arm, Multigraphics, into its Ely, Cambridgeshire facility.

Private equity firm Carlyle Group has bought the paperboard operations of global packaging group Chesapeake from Irving Place Capital and Oaktree Capital Management.

Bristol-based adhesive coatings manufacturer Drytac Europe has acquired Canadian firm Multi-Tac for an undisclosed sum.

Swiss manufacturer Muller Martini has stepped up its global restructure announcing consolidation plans that could impact around 550 jobs worldwide.

The Financial Times has extended its print contract while consolidating its magazine printing with Wyndeham Group, moving titles away from Polestar.

Goodhead Group's unsecured creditors are owed more than 100m, once a huge claim from the Pension Protection Fund is taken into account.

In the 12 months to 30 April, UK packaging group DS Smith achieved underlying pre-tax profits of 165m (2011: 111m), boosted by its acquisition of SCA Packaging.

UK commercial printer Altaimage has been revealed as the first site in the world to beta test the LumeJet S200 ultra high-resolution printer.

An alliance of industry trade bodies was unveiled at Fespa last week, with the stated aim of giving the print industry "one voice".

Industry heads have called for the government to maintain investment in business, following the Spending Review on Wednesday (26 June).