The deal will secure all 70 jobs at the East Lothian-based specialist bookbinder and print finisher, which went into receivership on 29 October.
Fraser Gray, joint receiver with Kroll Buchler Phillips, said he was pleased that the sale would provide a more secure future for the employees, and that it had been secured without the need for any redundancies.
Hunter & Foulis Wakefield plant did not form part of the deal, but Gray said discussions were still on-going with another interested party, and was hopeful that this would lead to its sale as a going concern.
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"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
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