Review of 2018: November
Monday, December 31, 2018
All the biggest stories from the past 12 months.
Pinstripe Print went into administration due to “extremely difficult” trading conditions and a projected 22% drop in turnover... Controversial print farmer Neill John is back in action with yet another variant of his book printing service, Hardback Printer Ltd, began drawing complaints for non-delivery of orders almost as soon as it opened... Adare SEC said it would invest around £400,000 at its Redditch site early next year to alter the site to improve efficiency as the business narrows its portfolio to specialise in security print products... Reflex Labels bought Fusion Flexibles in a pre-pack deal after the packaging manufacturer succumbed to mounting cashflow pressure... Vision On Design underwent a pre-pack sale following “a drastic reduction in turnover” attributed to a tough high-street environment... Pagefast was acquired by MTP Media and will relocate to its new owner’s premises as floods have left its own base difficult to insure... Self-adhesive and pressure-sensitive labels manufacturer County Labels went into administration, with the loss of 30 jobs... The BBC was looking for a supplier to manage its £2.4m marketing print spend with a separate £600,000 lot covering direct mail fulfilment... Paperhat Group went into administration with subsidiary Paperhat Communications sold to Paragon in a pre-packed deal... Johnston Press was acquired in a controversial pre-pack deal by JPIMedia, a new company headed by chief executive David King and backed by a consortium of Johnston’s debt holders... German paper mill Feldmuehle filed for insolvency for the second time this year, citing costs outstripping price increases and poorer than anticipated sales... Leeds-based z-fold card manufacturer Alpha Card made its second acquisition in six months, snapping up French marketing materials distributor Media de Poche... Ricoh acquired German software provider ColorGate in a deal worth around €10m (£8.7m)... Konica Minolta Marketing Services made the roles of eight UK-based print procurement specialists redundant as part of a realignment of skills that has also resulted in the creation of several new roles... Kodak agreed to sell its flexo business to Montagu Private Equity in a deal worth up to $390m (£301m)... Shortlist Media is shutting ShortList, its flagship men’s lifestyle print title, and has rebranded itself as The Stylist Group focusing on its women’s title Stylist... The Callprint companies were found to have owed trade creditors more than £1.2m at the time of the firm’s administration, and the complex web of related firms had intra-group loans of £10.6m... Box maker Grahams Cartons was fined almost £60,000 by Liverpool Magistrates Court for a 2016 incident with an unguarded casemaker in which an employee lost two fingers while trying to retrieve a tool... Taylor Bloxham was named as the 2018 recipient of Koenig & Bauer’s annual 1814 Production Excellence Award... Corrugated packaging manufacturer Ablebox was stung with a bill of £13,017 after the “criminal” disposal of 50 buckets of waste ink last April turned the nearby river Yeo purple... Solopress managing director Aron Priest was awarded the Freedom of London to commemorate more than 30 years dedicated to the printing industry... It was revealed that the John Jarrold Printing Museum in Norwich would relocate following concerns as its existing location was likely to be demolished... A married couple, Stephen and Amanda Clarke, who ran a print company were disqualified for a total of 14 years after the husband breached a previous disqualification... Planned strike action over a pay dispute at Paragon CC’s Nottingham site was put on hold as negotiations reopened between Unite and management...