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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. ....
A total of 638 of the company’s employees at its Liverpool, Leeds and Cramlington sites will lose their jobs, hit by declining demand for printed communication and cost hikes in energy and paper. ....
Jobs lost at Cramlington site of collapsed printing firm Communisis chroniclelive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chroniclelive.co.uk Daily Mail and Mail on Sunday newspapers.