Communisis Data Intelligence Ltd News Today

Hundreds of items of printing, post-press and ancillary kit from the shuttered Communisis sites in Leeds and Liverpool will go up for auction later this month.

Paragon would have been willing to acquire the entire Communisis business on a solvent basis – including its pension scheme liabilities – for £1 in May 2023, but the deal was rejected and the group struggled on for a further seven months before going into administration with a subsequent pre-pack sale of parts of the business to… Paragon.

The administrators of Communisis have revealed it left a deficit in excess of £200m.

Communisis had employed over 1,000 people in the UK and about 200 overseas

Communisis has gone into administration with parts of the business immediately sold to a new owner, but more than half its workforce has been laid off.