Web offset

The merger between Manroland Web Systems and Goss International’s printing press business has completed.

G&H has sought protection from its creditors as it searches for a buyer to take over the business after suffering a six-figure bad debt.

An employee at Wyndeham Bicester has died following an incident involving a roll clamp truck.

Walstead has made another huge continental acquisition – the group is taking over the €200m (£179m) turnover web offset business in Poland that used to be owned by RR Donnelley.

Walstead Group has completed the acquisition of Austrian web offset printer NP Druck.

The latest European consolidation play has resulted in a continental print group sharpening its focus on the UK market for retail print.

Walstead Group has appointed investment banker NM Rothschild to advise on future financing options that will satisfy the group’s appetite for more M&A deals.

Walstead Group is set to further expand its continental footprint with the acquisition of Austrian printer NP Druck, while separately there are changes afoot at one of the group’s UK sites.

GD Web Offset and sister company EWO Media have switched to 24/7 working in order to absorb the work previously done on GD’s fire-damaged M4000, and the business has also secured fresh investment.

Walstead has further European buys in its sights after posting a huge jump in turnover in the first full year of consolidated results for the existing group.

Pre-media business Rhapsody has parted company with two directors following a difference of opinion over strategy.

The fire brigade was called to GD Web Offset yesterday after a drier on one of its heatset web offset presses exploded.