Finance

Wide-format printer Andesign plans to recruit new staff, move to bigger premises and invest in new machinery after securing a government grant of over £120,000.

Polestar Applied Solutions has invested in an Océ ColorStream 3500 and four Canon Océ VarioStream 8650 continuous feed printers to boost capacity both for white paper solution printing and pre-printed...

Trade and commercial printer RCS has entered into a Company Voluntary Arrangement (CVA), securing around 70 jobs, after its creditors approved the proposal in a meeting last Wednesday (6 August).

DS Smith has doubled its pre-tax profits to £167m and reported a 10% rise in sales to £4bn in its full 2013/14 results.

Landa Digital Printing has received a €100m (£80m) investment from specialty chemicals company Altana, which will be used to complete the commercialisation of the firm’s nanographic presses.

Visual Print & Design has brought digital print in-house as part of plans to double in size over the next year.

The government is to provide an extra £250m to the British Business Bank to lend to small businesses, on top of the £1bn already allocated.

Chesapeake Services is to merge with Multi Packaging Solutions (MPS) creating a $1.4bn (£864m) global print-based speciality packaging giant.

Goss International has confirmed it is to cut its Lancashire-based UK workforce by 50% as part of its ongoing global restructure.

Following its profit warning issued at the beginning of the month, the German press manufacturer has posted a pre tax loss of €16.3m for the first nine months of 2013 on revenues of €729.9m.

Roland DG UK has launched an equipment rental programme that will allow SMEs, start-ups and other businesses to move into wide-format printing by renting a device for a one, two or three year period.

Close Brothers has reported a 21% rise in pre-tax profits to 163.1m in its preliminary results for the year to 31 July 2013 on the back of increased lending to SMEs.