The ACCC is set to work in double-quick time for the proposed takeover of Ovato by IVE. Submissions need to be in by next Thursday, and the preliminary decision date timeline will be significantly shorter than usual.

Cimpress, owner of online print giant Vista, has posted record sales and profits for the year, but Vista itself failed to shine compared with the group’s other operations.

Offset press giant Heidelberg saw significant improvements in both sales and operating profitability in the first quarter, thanks to what it says is the continued recovery of the market in almost all regions.

Sydney print operation Allcraft is in voluntary liquidation, the first printer, apart from Ovato, that has hit the skids since the end of lockdowns, as the directors pulled the pin.

Diversified marketing services group IVE is aiming to buy stricken heatset giant Ovato, entering an Implementation Deed with administrators FTI Consulting this morning.

Melbourne-based printer Implant Media is making a major move into the books market, installing a new Horizon BQ-270V perfect binder, supplied by Currie Group, to give it the production power it needs.

The administrator of stricken print giant Ovato has received a number of expressions of interest for the business, with serious bidders now going through the company's books.

The Ovato administrators held the first creditors meeting yesterday, and said they will be continuing to trade the business as a going concern, while they run a sale and recapitalisation process.

Melbourne-based boutique printed wallpaper and signage business, Grafico Group, has taken the top award in the 2022 Lord Mayor’s Small Business Awards.

Major print materials and machinery supplier Spicers is instigating its journey to carbon neutrality, partnering with not-for-profit environmental organisation Greenfleet.

Textile printing is set to boom, with a major digital equipment developer breaking ground on its 20,000sqm campus in Italy as it gears up for growth. It has 400 solar panels supplying most of the energy.

Today is the day would-be bidders for all or part of the fallen Ovato business have to have their expressions of interest in with the administrator. Binding offers are due in two weeks.

Major Melbourne print operation is re-equipping with a new five-over-five B1 press as it ramps up its investment in new technology. The new XL-106 will arrive in March and join the company's six-colour.

Marketing guru Malcolm Auld has released his new book Direct Mail, The Real Digital Disruptor, which he says will show the younger marketing professionals the unrivalled benefits of printed DM.

The Ovato administrator is wasting no time in seeking a sale for the stricken print giant, calling for expressions of interest to be submitted by this Friday, and for binding offers to be in two weeks later. Several potential buyers are in the frame.

While still a shock for the local print industry, Ovato going into administration can’t be too much of a surprise, given its travails over recent years. Since the PMP IPMG merger the company has racked up some $430m in losses.