Ernst & Young are still "exploring the possibility of a going-concern sale" for the two remaining sites at Livingston, Scotland, and Bradley Fold in Lancashire, said a spokeswoman for the administrator. The plants employ eight and 19 staff, respectively.
Staff at Keating Group in Mold, which also specialises in repro and cylinder production, were told on 25 January that they would all be made redundant and would not be paid for the final four weeks worked.
It is understood that there was "absolutely no expectation" of the move, which was blamed on a bank changing its mind about releasing money for the company.
Keating Group also has an artwork and repro plant in Bedford that was not affected by the administration.
Its international businesses include a site in Dublin, cylinder production facilities in Izmir, Turkey, and Manila, Philippines, and a print and packaging repro site in Lund, Sweden.
Keating Group, set up more than 20 years ago by Mike Keating, was taken over by Mike Samuel and Paul Musto in July 2007.
It supplies cylinders to Amcor Flexibles and has partnered with consumables giant Sun Chemical on gravure printing.
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Latest comments
"Sorry to read this, a big name to go down, hopefully a lot of the £1.8M was insured. We are recruiting operational staff & currently in-talks to assist the clients with immediate requirements."
"£1.8m !! Very big numbers indeed."
"Now black really is white. Ditching a product line with all its consequences for customers is now an award winning move. Priceless!"
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