Review of 2013: May

By PrintWeek Team, Friday 27 December 2013

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Acquisitions, investments and insolvencies: all the action from a year in print

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Kodak published a roadmap for recovery, setting out its plans for breaking out of Chapter 11 bankruptcy protection. It was banking on its Stream inkjet and SquareSpot imaging technologies to create profitable revenue streams… OKI said it was shedding 175 jobs from its factory in Scotland after Japanese parent firm OKI Electric announced the global restructure of its printer division… CPI UK became the first UK printer to install an MGI JetVarnish 3D spot UV coater as part of a three-year £20m spending strategy… York-based printer and publisher and former BPIF president Bill Sessions died at the age of 97… Paperlinx rebranded its three merchanting businesses under the Paperlinx banner while reassuring customers that the changes will have no impact on credit lines… Swan Mill Paper Company was fined following an HSE investigation into an incident in which an employee was crushed by a forklift truck… Adobe split the industry with its decision to launch a monthly subscription fee for its Creative Suite design and publishing software programmes… Bishops Printers installed its 70th B2 Heidelberg Speedmaster unit as part of an investment of almost £1.5m… EFI acquired US-based print MIS software developer PrintLeader for an undisclosed sum… Banner Managed Communication scooped a five-year multiservice document management and presentation service contract with Standard Bank… Coca-Cola implemented the biggest-ever use of HP Indigo kit for a 'personalised' promotion, involving a massive print run of 800m labels for its ‘Share a Coca-Cola’ campaign… St Ives took another significant step in its evolution to become a fully fledged marketing services provider with its latest major investment, the purchase of Branded3 Search for an initial £10.7m…

may2Deltor Communications bought a B2 Komori Lithrone S429 with coater as part of a £2m investment to win short-run work... Pitney Bowes sold its mailroom and document management services businesses in the UK and Ireland to Swiss Post for an undisclosed sum... Mailing house Opus Trust Marketing secured a multimillion-pound contract to process all of energy company EDF's annual statements… The Communication Workers Union launched a consultative ballot to assess support for a boycott of downstream access providers. Royal Mail hit back, describing the ballot as "disappointing" and defended its position on the questions raised by the union… A cashflow crisis at MPG Printgroup caused by overrunning costs at its new Cambridge facility put around 200 jobs on the line. Workers, creditors and customers were left in the dark for a week until the company finally announced it would be going into administration at the end of the month… De La Rue ramped up its cost-cutting programme after posting an 8% drop in revenues to £483.7m… The Drupa committee expanded to include seven new representatives from digital printing specialists, in response to changing nature of the industry…

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