Business

Gruppo Cordenons acquired by private equity firm

Italian paper mill Gruppo Cordenons has been acquired by Bain Capital Private Equity.

German mill begins insolvency proceedings

German paper mill Zanders has opened insolvency proceedings, citing reasons including increases in raw material and energy costs.

Wood Richardson targets consumer market with Xerox investment

Long-established B2B printer Wood Richardson is hoping to break into the consumer market after installing a new Xerox Versant 180.

Armitage steps down after four turbulent years

Matt Armitage has resigned as St Ives chief executive after completing the PLC’s exit from print during his four-year tenure.

Widd Signs marks 130 years

Widd Signs is celebrating 130 years in business by looking to the future and investing for expansion into new sectors.

Xaar announces "cost actions" following ceramics underperformance

Xaar looks set to make an unspecified number of job cuts after announcing "cost actions" following lower than expected sales in its legacy ceramics business in the first five months of the year.

James Cropper profits hit by rising pulp prices

Cumbrian papermaker James Cropper has reported a pre-tax profit fall of 18.2% in its annual results as “dramatically rising pulp costs” led to increased costs.

Olympus returns to Nilpeter for third FA-4* flexo press

Olympus Print Group has bought its third Nilpeter FA-4* flexo press to increase its capacity and enable it to grab more market share in wine and high-end labels.

New interim FD appointed at Grafenia

Grafenia has appointed a new interim finance director, following the retirement from full-time work of its current group finance director.

Sato UK in £1.1m Mark Andy investment

A boom in work from retail customers has prompted Sato UK to invest £1.1m in two new Mark Andy presses.

ECM Print Finishers in MBO investment

ECM Print Finishers has installed a secondhand MBO K800 automatic combi folder and an MBO A500 stacker as it kicks off a 12-month near-£1m investment programme geared at taking it into new finishing...

Clifton Packaging in Koenig & Bauer spend

Clifton Packaging Group has invested in a new flexo press from Koenig & Bauer as part of a wider investment drive.