News

UPDATE: Xerox responds to media reports on Lexmark deal price change
Reuters has reported that laser printer manufacturer Lexmark is set to be sold to Xerox at a much lower price than previously announced in December, although Xerox has stated the valuation remains the...

Direct on Demand Print boss speaks out after liquidation
Garment and fabric printer Direct on Demand Print managing director Matthew Armitage has called himself "the biggest loser" of his business' failure after the firm entered liquidation on 7 March.

Reflections situation drags on, Hastings linked to newco
Employees at Reflections Print Finishers remain in limbo with administrators still not appointed at the Sidcup firm – while details about a new company attached to managing director Luke Hastings have...

Haybrooke launches buyer support service with trio of appointments
Print procurement specialist Haybrooke has launched a new support service for print buyers.

Koenig & Bauer flags tariffs challenge
Koenig & Bauer has warned that President Trump’s planned trade tariffs “pose a challenge for the entire industry”, but despite the geopolitical situation the group is optimistic about its prospects...

Xerox launches $800m offering of senior secured notes
Xerox has announced a major two-part debt offering to finance the redemption of some senior notes due in 2025 and part of its acquisition of Lexmark.

CPS Group takes on Gareth Williams in growth push
South Wales multidiscipline printer CPS Group has appointed ex-Pensord director Gareth Williams as its new operations director.

Rare Bible in Chinese donated to Oxfam flies at auction
A rare book dated 1815-1822 and said to be the first complete Bible in Chinese has sold for over £56,000 at auction after it was donated to an Oxfam shop.

High viscosity opens up huge potential for Xaar
Xaar has reported “renewed optimism” for 2025 with new markets for its high viscosity know-how coming to fruition – including automotive coating – and a speedier go-to-market option with M&R the first...

Two Sides expands membership with three new additions
Citipost Mail, Dufaylite, and Touch have become the latest three members of print and paper advocacy group Two Sides.

Tradeprint expands with ROI site
Tradeprint aims to tap into opportunities in the Republic of Ireland with a new ecommerce offering for the country.

Manchester pair arrested over Packaging Export Recovery Notes fraud
Two men were arrested for fraud and money laundering last Wednesday (12 March) as part of an ongoing investigation into Packaging Export Recovery Notes (PERN) fraud.

France turns to power of print for emergency planning
French authorities are planning to send a printed ‘survival guide’ to all households in the country in the wake of current geopolitical instability and concerns about “Russian threats”.

Big jump in operating profits at National World
Sales and profits are up at National World, despite headwinds including “non-trading distractions” including the group’s impending change of ownership.

Five years on: how Covid has changed the print industry
On Sunday, 23 March, five years will have passed since the first lockdown was announced by the then Prime Minister Boris Johnson to slow the spread of Covid. Printweek looked across the sector to...