Receivership & administration

Kesslers staff to take action over redundancy consultation
Staff affected by the collapse of retail display specialist Kesslers International have begun the process of taking legal action amid allegations that the business failed to properly consult staff...

Pandemic claims another high-end print firm
London-based, award-winning Boss Print has become the latest victim of the pandemic and closed its doors following an unsustainable drop in work.

Final listicle of 2021 reveals seasonal flavour
While a colourful spat dominated December’s list of most read articles, once again M&A activity ranked high and there was a definite festive feel in the shape of a TV listings pledge and a Christmas...

Ink on Paper (Scotland) sold in pre-pack deal
Livingstone-based litho and digital print business Ink on Paper has been sold in a pre-pack deal to a fellow Scottish print operation.

Hexcite Group business Kesslers in administration
Retail display specialist Kesslers International, part of the Hexcite Group, has gone into administration due to the impact of the coronavirus pandemic on the retail sector and cost inflation.

Bookbinding kit goes up for auction
The business and assets of a London bookbinding business – including various items of specialist equipment – will go under the hammer at auction later this month.

Director disqualified after taking Covid support loan
The owner of a fulfilment firm has been banned from acting as a director for seven years after taking out a Bounce Back Loan despite knowing his business was already insolvent.

Trade creditors owed circa-£1m by Office Depot UK
Part of the Office Depot business that was not purchased by Paragon subsidiary OT Group earlier this year is poised to go into liquidation with trade creditors to the company owed circa-£1m.

Long-standing family firm latest to fall victim to pandemic
A long-standing Yorkshire-based large-format printing business has gone into administration, with its assets subsequently sold to a fellow Yorkshire print company.

More buys for PFI
Acquisitive PFI Group has acquired Cestrian Imaging as part of its ongoing expansion drive.