Industry

Xerox has officially launched its hostile takeover bid for HP, asking HP shareholders to sell their stock at $24 a share, and giving them seven weeks to do so.

Penrith Print Museum finds a safe haven for its overflow of printing exhibits with the industry’s largest paper merchant able to store the heritage items in Sydney, writes James Cryer.

As fears over the coronavirus sweep over the world, causing cancellations of major events in affected areas, giant international trade show drupa says it is all systems go for the June event, with no plans to cancel.

National print business Ovato (formerly PMP) struggled to make headway in the first half, with all figures on the slide on the back of the softer economic environment in Australia. Its share price fell by a quarter on the results. Outside advisors have now been brought in.

Sydney signage and large-format printer Easy Signs will move into a larger factory in April, tripling its floorspace, just a few years after its previous massive upgrade.


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Flexible packaging printer ePac has broken the production record on its fleet of HP Indigo 20000 digital presses operating around the world, pumping out 20 million impressions in January.

The Australian Competition and Consumer Commission is approving Orora’s sale of its Australasian fibre business to Nippon Paper subsidiary Australian Paper.

The Gold Coast is proving a popular choice of venue for the first Visual Impact expo for 2020, with visitor pre-registrations for the show up 50 per cent on the last iteration of the event, the 2018 Brisbane show.

Australian company Aldus has acquired foilmaker API Foils Europe (excluding its Dutch and Asian subsidiaries), creating a new company, API Foilmakers.

Diversified marketing communications group IVE – which includes one of the country's biggest print operations – saw its half year performance metrics slip back from last year, but it still achieved a solid $40.1m EBITDA and paid out an ‘attractive’ dividend to investors.

National mail monopoly Australia Post group revenue for first half of 2020 was up four per cent year-on-year, but letters revenue plunged again, down by nine per cent, with CEO Christine Holgate warning “the time has come to transform these services".

Fespa Global will turn away any visitors from China that do not have documented proof they have been out of the country for at least two weeks prior to the big wide format show in Madrid next month, in response to the ongoing coronavirus issue.

Ooh Media revenue increased 1 per cent on the prior year to $649m, but the company’s underlying net profit after tax was down 23 per cent on last year to $37.9m, for the full year ending on 31 December.

Fujifilm is launching a new flatbed LED UV print system, the Vybrant UF10, which has been designed for printers looking for a cost-effective entry or capacity upgrade to flatbed printing with Fujifilm quality.

Durst will have the P5 350 hybrid wide format printing system with extended features, options and inks as the centrepiece of its stand at Fespa Global in Madrid next month.

Techkon’s ChromaLT – a lite version of the Chroma software – is now available in Australia, from the local distributor of Techkon colour-measuring instruments, Colour Graphic Services.