It plans to more closely align the two companies. Maldon-based Heron produces weekly and monthly magazines and catalogues; Basingstokes Impact is renowned for its magazine cover printing.
An interim management team led by Heron production director Ray Lesnik and finance director Mike Edwards will manage the transition, which will result in redundancy for three of Impacts senior management team. Sales director John Crouch, one of Impacts founders, will remain with the firm. It is not clear how, or if, the changes will affect managing director Peter Gubb.
Wyndeham group managing director Paul Utting said: We want the whole group to be working together more closely and this is a logical place to start.
Story by Jo Francis
Have your say in the Printweek Poll
Related stories
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!"
Up next...
News comes a year after the Coronation
King and Queen update Royal Warrants
66-year-old firm closes
DCW Penrose shuttered; kit sold at auction
Finishing from start to finish
IFS lauds partners' premieres and Drupa importance
Government emphasised RM's importance to society