Printweek - Mega sale of Communisis kit imminent
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.
Source: printweek.com
Communisis Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Communisis Ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Communisis Ltd Today - Breaking & Trending Today
Printweek - Revealed: the struggle to sell Communisis
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.
Source: printweek.com
More details of Communisis administration revealed
The administrators of Communisis have revealed it left a deficit in excess of £200m.
Source: prolificnorth.co.uk
More than 600 jobs lost as group falls into administration
Communisis had employed over 1,000 people in the UK and about 200 overseas
Source: thebusinessdesk.com
Printweek - Communisis in admin, parts of business sold
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.
Source: printweek.com