Finance

Ace finance deal serves up Set and Match MBO
Birmingham-based Set and Match and sister company Colprint have undergone a merger after managing director Stuart Mills bought out the group’s other directors.

Stora Enso supports growth with major funding agreement
Stora Enso has signed a new €435m (£372m) bilateral loan with the European Investment Bank (EIB) to support growth in renewable, fibre-based consumer packaging board.

GMD installs SwissQprint Nyala with Compass support
GMD Print & Install (GMD) has purchased a new SwissQprint Nyala 4 with the support of a tailored payment plan from the manufacturer and Compass Business Finance.

Close adds GGS funding to offering
Close Brothers Asset Finance has gained accreditation from the British Business Bank to provide Growth Guarantee Scheme funding.

Compass accredited to deliver new Growth Guarantee Scheme SME funding
Compass Business Finance has been accredited to deliver funding supported by the Growth Guarantee Scheme (GGS), via the British Business Bank, to create further access to finance for UK smaller...

Mondi and DS Smith make agreement in principle on combination
The boards of Mondi and DS Smith have reached an agreement in principle on the key financial terms of a possible all share offer by Mondi for DS Smith, according to a statement published yesterday...

Spring Budget disappoints industry
Chancellor Jeremy Hunt’s Spring Budget has failed to excite the print and packaging industry, with leaders labelling it “underwhelming” and “unexciting”, despite several concessions that may make life...

Xerox to offer $400m of senior notes
Xerox has said that, subject to market conditions, it is offering up to $400m (£315m) in aggregate principal amount of senior notes due 2029.

Chevler gains Welsh Gov funding
Baking paperware specialist Chevler has benefited from £300,000 of funding from the Welsh Government.

Chancellor acts to improve payment terms at public sector suppliers
Jeremy Hunt’s Autumn Statement contained a new policy that could have a far-reaching – and positive – impact on parts of the industry.