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19 Jul 2010
Administrators from David Rubin & Partners have sold printing business Bemrose Booth saving more than 100 jobs.
Paragon, also a printing company, bought the business for an undisclosed sum and saved approximately 160 jobs, according to the administrators.
David Rubin and Henry Lan, both partners at David Rubin & Partners, were appointed joint administrators on 28 June. They continued to trade the business until a buyer was found.
Until two years ago the business employed 650 staff, although employee numbers were reduced to 350 in the last 12 months.
A week before administrators were appointed, the business shut down its Derby operations, resulting in 160 redundancies while 26 redundancies were made at its Hull site.
Further reading:
Craftmatic appoints David Rubin as liquidator
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