News

THEMPC opens UK digital print studio and European ops hub
THEMPC has opened a digital printing studio, production facility and warehouse in Hampshire and an operations hub in Munich, Germany that will support its EU customers.

War speeds Koenig & Bauer plans to expand in-house power generation
Koenig & Bauer has reduced its Q1 losses on sales that were slightly down on 2021, while flagging that ongoing supply chain uncertainties meant it could not provide a reliable forecast for the full...

MBA Group ups capacity with fourth Fusion Cross
MBA Group has taken on a fourth Bowe Systec Fusion Cross high speed inserter from Bowe UK to further increase its capacity.

Tesco steers customers towards online statements
Tesco plans to send out Clubcard statements by email rather than post from next month “to help save paper” – although there is an option for customers to opt back in to printed communications.

Fordingbridge brings die-cutting in-house with Vivid install
Fordingbridge Print has taken on a VeloBlade Volta 69+ digital die-cutting system from Vivid Laminating Technologies to bring die-cutting in-house.

Company financial distress levels rise
There was a 19% increase in the number of companies in critical financial distress in the first quarter of 2022, according to new research.

Industry awaits Walstead decision on what's next for YM web kit
Walstead’s deal to buy at least seven web offset presses from the collapsed YM web division has resulted in feverish industry speculation about what happens next.

Lecta to up prices on specialty grades
Lecta will increase prices on all of its specialty paper grades by 8% to 10% from next month.

Spandex unifies group under single brand
Spandex has introduced a new logo to reflect the evolution of the business while also unifying its brand across all group companies in Europe and Australia.

Smurfit Kappa acquires Atlas Packaging
Smurfit Kappa UK (SKUK) has acquired corrugated packaging provider Atlas Packaging.

Walstead seals deal for YM web assets
Walstead Group has acquired most of the assets of YM Group’s shuttered web offset businesses in administration – and could reboot one of the factories if customer support makes it viable.

Drama at Lettershop as landlord takes charge
Events at troubled YM Group took a dramatic turn over the bank holiday weekend when the landlord repossessed Lettershop’s Leeds site.

Revill sets up new venture
Former YM Group sales director Norman Revill has struck out on his own with a new print consultancy.

Fourth member of £12m counterfeit currency group jailed
A fourth member of an organised crime group has been jailed for conspiring to supply more than £12m of counterfeit banknotes.

Despairing duopoly dominates April’s headlines
You could be forgiven for having a strong sense of Déjà vu when checking out April’s listicle of our most-read stories, although Paragon thankfully managed to shoulder its way into our top 10 to break...