End of the line for Anton Group

PrintWeek Team
Tuesday, April 18, 2017

Deloitte has effectively called time on Anton Group, with just a handful of staff remaining on site and the firm’s remaining unencumbered assets in the final process of being sold.

According to Deloitte, a further 120 staff have been made redundant since its last update on 3 April.

21 staff remain at the businesses Laindon, Essex factory assisting Deloitte as it works to “realise the assets of the company”.

Deloitte was appointed to the business on 27 March, with 123 staff made redundant on appointment. A further 48 staff were made redundant on 3 April.

In their statement of 3 April, the administrators were still hopeful of selling all or part of the business after Paragon Group withdrew interest – however they have now shifted their focus to selling the firm’s remaining unencumbered assets.

European Valuations was appointed to handle the asset sale, with a closing date for offers expiring last Wednesday (12 April) with sold kit to be removed by 28 April.

The plant list for sale included, four Kodak NexPress digital presses, a SX3900, SE3600, S3000 and 2100, four Kodak Prosper S5 twin-head print stations, a Cutstar unit, a pair of Technotrans inking stations, MBO and Heidelberg folding lines, MB mailing lines, a Heidelberg Stitchmaster ST450, a pair of Palamides bander/stackers and a variety of guillotines.

According to European Valuations plant and machinery valuer Joe Hall, the sale has now concluded.


Please note: We are currently doing some essential maintenance on our Disqus integration. As a result it may not be possible to post new comments or they may not immediately appear - full service should resume by 4 October.

Printweek welcomes informed debate, but all comments must comply with our house rules which can be read here: A-Z of using the Printweek forums


© MA Business Limited 2023. Published by MA Business Limited, St Jude's Church, Dulwich Road, London, SE24 0PB, a company registered in England and Wales no. 06779864. MA Business is part of the Mark Allen Group .