Mergers and acquisitions

Heidelberg has sold its CERM narrow-web MIS subsidiary to an MBO team in an €8m (£7.23m) deal.

Packaging software specialist Arden Software has acquired American developer Cimex Corporation.

Garment and textiles printer manufacturer Kornit Digital has acquired Macclesfield-headquartered cloud-based software platform provider Custom Gateway.

Finishing consumables supplier Presco UK has acquired the goodwill and assets of Joto Print Finishing, including the exclusive UK distributorship for Rilecart's wire-binding spools.

Domino Printing Sciences has acquired British inspection technology specialist Lake Image Systems.

Heidelberg has agreed to sell off label printing wing Gallus as part of its ongoing strategy to focus on its core sheetfed business.

Kokusai Pulp & Paper has officially taken control of Antalis after it completed the purchase of the shares held by majority shareholder Sequana, marking a “new page” for the merchanting group.

HH Global is taking over its much larger rival InnerWorkings in a $177m marketing services mega-merger.

Sun Chemical has completed its acquisition of Switzerland-headquartered textile and packaging inkjet ink manufacturer Sensient Imaging Technologies (SIT).

The Alexir Partnership has moved to retain its independent status by becoming employee owned.