Sydney-based plastics print pioneer Graphics Plus Printing (GPP) is up for sale as a going concern just days after going into voluntary liquidation.
Insolvency specialists Darrin Paine and Thomas Dawson of the Insol Group say all offers received by close of business Friday 10 April 2015 will be considered.
In a 'business for sale' listing, GPP is described as a “Specialty Plastic Printing and Point-of-sale Business with a turnover of $3.7m this year”:
Graphics Plus Printing Pty Ltd (Administrators Appointed) Current turnover in the region of $3.7M pa this year. A Plastic Printing Package including the all important UV Technology transfer is available along with the purchase of certain Assets. Graphics Plus Printing is a company that has provided specialized UV Litho Printing on Plastics.
Providing National Marketers' with a unique supply of innovative Point-of- Sale display items and solutions. These products have been developed through a combination of UV Cured Lithographic, Large Format Ink Jet and finishing equipment and include staff who are well skilled and versed in their UV Printing technology. Offers sort by close of business Fri 10 April 2015. For and on behalf of Thomas Dawson and Darrin Payne of Insol Group. Inquire today to register your interest and be sent an information pack together with financial data.
GPP Managing Director Phil Delaney has been unavailable for comment and there’s no word yet on the likely fate of the company’s employees. Calls to the Silverwater factory remain unanswered.
Graphics Plus Printers pioneered lithographic printing onto plastic over 30 years ago and produce a wide range of retail product packaging for retail, home entertainment and specialist markets, including CD, DVD & Blu-ray sleeves.