Two printers go into receivership on one day

Two printers go into receivership on one day

Commercial printing company Geon Group has been pushed into receivership by new owners and private equity firms KKR and Allegro Funds.

US-owned KKR and Australian partner Allegro have reportedly since made offers on Geon to receiver McGrath Nicol.

Geon’s staff in Melbourne and New Zealand have been told the company will continue to operate as normal, according to Fairfax.

Meanwhile, another Melbourne-based printer, Vega Press, also went into receivership yesterday.




Please login with linkedin to comment

Latest News

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]