Credit Suisse First Boston, JP Morgan Chase Bank, LBI Group and DK Acquisition Partners jointly own the new company, Goss International.

Goss Graphic Systems director of marketing David Stamp said that while the news had no bearing on Goss UK activities, it was a fillip for the Goss brand.

"It means that US activities are lifted from the constraints of Chapter 11. It has also cleared a cloud that was blocking the sun in the US operations there can now go forward," said Stamp.

Although no figures have yet been released detailing the extent of capital raised, it was expected that Goss International would receive an injection of 39.4m ($50m).