The Hertfordshire pre-press dealer has decided to phase out from its operations and is in negotiations with potential purchasers, according to executive director Jean-Thomas Olano.
A further announcement is expected next week.
At the end of last year the firm parted company with managing director Jo Simons, made a number of redundancies and closed its Leeds office.
However, MCSi subsequently announced plans to boost sales by 30% by offering a complete systems and services offering.
MCSi is owned by Mitsubishi Corporation and supplies consumables from Mitsubishi Paper Mills and Lastra. It is also the UK distributor for Sinar digital cameras and a Creo reseller.
Have your say in the Printweek Poll
Related stories
Latest comments
"Thank you for the opportunity to comment on this Jo, and PrintWeek!
Please feel free to get in touch with the Howden Print Team to arrange your own Free of Charge Cyber Micro-Penetration Test to help..."
"I never quite understand the statements such as "achieved such a positive outcome for this well-established business".
The established business unfortunately failed and no longer exists, a..."
"Genuinely sorry to read this."
Up next...
Commitment, presence and energy will be much missed
Tributes paid to Lascelle Barrow
Around 300 roles may be affected
International Paper to close five UK packaging sites
Asset ownership delayed process
Reflections to be liquidated
'Start of a new era'