The management team at the Tewkesbury-based web offset printer told staff on Wednesday that it would be restructuring the business and that this would involve some redundancies.

According to its most recent accounts, Cooper Clegg employed 149 staff.

Cooper Clegg's new chairman John Wood said: "In order to bring the company back to a situation where we can invest and grow, we have to look at reducing our cost base to match the current adverse economic circumstances.

"We are therefore, starting a consultation process with industry union representatives to ensure the cost reduction process is carried out in a fair and efficient way."

Cooper Clegg reported that the aim of the restructuring was to maintain service and quality, while introducing more flexibility and greater security to the business, following the deal on the 4 November.

Pindar announced its decision to sell the Tewkesbury-based web offset printer in September, citing "unsustainable pricing" in the sector as one of the key reasons behind the move.

For more see next week's PrintWeek.