Business

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.

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.

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

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

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

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

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

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.

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

Latcham Direct has acquired on-demand digital print and creative specialist Accent, as a key part of its plan to continue to strengthen and expand its offering.

Independent board and paper stockist Warren has bolstered its reel-to-sheet board range with the addition of a new plastic-free barrier board.