Business

(L-R) Nick Lindwall and Lee Crew have bought Showlite

Ottimo Digital directors acquire Showlite

Full-service event supplier Showlite has been acquired by the managing directors of wide-format printer Ottimo Digital.

Precision Proco: acquisition "completes the circle" in print-on-demand

Precision Proco splits tech and production with eye on the future

Precision Proco Group has restructured into two parts with manufacturing now separate from its fast-growing tech operations.

Xerox’s share price was up by 5.07% yesterday

Xerox enters agreement for $550m credit facility

Xerox has entered into a first lien term loan credit agreement for $550m (£439m), following its recent purchase of all of activist investor Carl Icahn's shares in the company.

Clasper-Cotte (R): “This added space opens the door to many opportunities"

FaberExposize UK expands site

Wide-format printer and printed fabric supplier FaberExposize UK has taken on the unit next to its current factory in a strategic move designed to support its growth.

Cloudprinter.com: truly impressive performance against a backdrop of war

Cloudprinter secures financing for further growth

Print platform Cloudprinter.com has received a new round of financing worth €2m (£1.73m).

Creating a culture of timely payment could boost the economy by £2.5bn

Leading marketing services group significantly extends payment terms

One of the UK’s biggest marketing services providers has extended its minimum supplier payment terms to 180 days full term.

UK insolvencies on track for highest rate since 2009

The UK is on track this year to see the highest number of insolvencies since 2009, according to PwC.

PPL boosts capacity with second Agfa Jeti Mira

Programme Publications (PPL) has invested in another Agfa Jeti Mira flatbed printer, doubling its capacity for wide-format work.

Arden Dies and Glossop join forces to address skills shortage

Two carton manufacturers have teamed up to try to address the skills shortage and attract more young people into the sector.

Global Graphics appoints new CEO

Global Graphics has appointed a new chief executive following Gary Fry’s decision to step down from the post at the end of the year.

Hexcite Group business SFD in administration

One of the three businesses brought together by a UK private equity fund to form the Hexcite Group earlier this year has gone into administration.

Abstrakt extends paper wrap capabilities with Sitma install

Abstrakt Services is set to take delivery of a Sitma W1005-PK wrapping line later this month, extending its paper wrapping capabilities.