25 Apr 2019
Fespa 2019 – ESC and Decotec are offering enhanced range of products.

ESC and Decotec to present several new products at FESPA

The answer to rapid print market changes is combining long-term experience with mainly innovative power. Therefore ESC once again is enhancing their program by presenting several new machines in the field of digital printing.

Avery Dennison and Mactac further expand their product portfolios for FESPA 2019.

Avery Dennison & Mactac expand product portfolios for FESPA

Avery Dennison is set to ‘wow’ customers at this year’s FESPA 2019 with a stunning new display booth filled with a range of their latest creations, featuring the Avery Dennison and Mactac brands.

FESPA announces programme for its Trend Theatre at FESPA Global Print Expo 2019.

Programme announced for Trend Theatre at FESPA Global Print

FESPA has published its comprehensive seminar programme for its Trend Theatre at FESPA Global Print Expo 2019, which takes place from 14 to 17 May 2019 at Messe München in Munich, Germany.

ARPLEN to exhibit an array of media at FESPA.

ARPLEN to exhibit an array of media at FESPA

ARPLEN is a manufacturer of media for fine arts and digital printing from Barcelona (Spain), but it was born as a manufacturer of bookbinding textiles.

swissQprint subsidiary in Spain.

swissQprint subsidiary in Spain

The Swiss developer and manufacturer of large format printers, swissQprint, has established a branch in Spain.

Court-supervised receivership for Antalis owner Sequana

The French court has changed Antalis owner Sequana's insolvency proceedings into court supervised receivership.

On the 21st of March the commercial court of Nanterre, France, decided to turn Sequana's safeguard proceedings (procédure de sauvegarde) into court-supervised receivership proceedings (redressement judiciaire). The observation period of the company's receivership proceedings will end 18 May this year. At the initiative of the group's administrators and the company's creditors' representative the conversion of the insolvency proceedings had been filed two weeks ago.

Sequana had blamed the decision to file for a conversion of its insolvency proceedings on the recent ruling by the Court of Appeal in London in the BAT-Sequana litigation case which ordered the company to make £115m in remedy payments to British American Tobacco.

"This request is based on the inability for Sequana to file a sauvegarde plan enabling it to pay off the debts taken into consideration and to finance the observation period pending the decision of the Supreme Court in England which, subject to Sequana being permitted to appeal, will likely not be handed down before a minimum 13 months’ time-limit." the company explained in an announcement. Sequana was previously ordered by the Court of Nanterre to file a safeguard plan until 17 May 2019.

There is obvious concern in the sign and display market about the knock on effect of this court ruling for Antalis, as Sequana owns a stake of over 75% in Antalis, and in the words of Sequana themselves "Antalis accounts for more than 80% of Sequana's consolidated sales".

Antalis itself has been keen to state that it is an entirely separate business, with its own Stock Exchange listing, and have further suggested that a new shareholding structure could result in Sequana no longer being it's majority shareholder in the coming months.