Mergers and acquisitions

New name agreed for IP paper wing
International Paper’s worldwide paper business will be renamed Sylvamo Corporation when the operation becomes a separate listed company later this year.

Vegware acquired by US group
Innovative, compostable packaging business Vegware has been acquired by US group Novolex.

LG Davis acquires Positive Print
LG Davis has acquired local business Positive Print to grow its commercial offering in the Midlands and further enhance its in-house services and capacity.

Datum restructures
A restructure at Hertfordshire-based Datum has seen a new company emerge, while Datum Colour Print (Hatfield) has gone into voluntary liquidation.

Accounts, admins and alleged abuse among July’s must reads
YM Group’s delayed and subsequently filed accounts, an extension to the administration of the Howard Hunt group of companies, and a ‘gangmaster’ scandal involving the alleged exploitation and abuse of...

New era for fast-growing Mailshop
A buy-in management buy-out (BIMBO) has been completed at The Mailshop, with former Citipost strategic sales specialist John Ellis joining the business as managing director.

Precision Proco takes over Photobox production hub
Precision Proco Group has gained a “market-leading” position in a swathe of print-on-demand products after acquiring a substantial manufacturing facility from long-term client Photobox.

Wonderbly plans further expansion under new owner
Private equity firm Graphite Capital has acquired personalised childrens’ book specialist Wonderbly, with expansion plans including products for third-party clients.

AlphaGraphics enhances education presence with Class acquisition
Marketing services and print company AlphaGraphics has acquired a longstanding client to help it move further into the education sector.

Xaar acquires FFEI
Xaar has acquired fellow UK inkjet specialist and customer FFEI in a £9m-plus deal.