The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.12 - Other printing
123 jobs Number of planned job losses
Announcement Date
27 March 2017
Employment effect (start)
Foreseen end date
Description
Anton Group a commercial printing company based in Laindon, Essex has entered administration with the loss of 123 jobs. The company had recorded losses over recent months and an attempt to expand operations through acquiring the Merchandise 365 business in 2016 resulted in further losses. Administrators Deloitte were appointed on 27 March 2017 and immediately announced 123 redundancies. The company has been placed in an orderly wind-down as it searches for a buyer to take on the operations. At the time the administrators were appointed it is understood that the business employed 300 staff. The future of the majority of the workforce therefore remains uncertain.
Sources
31 March 2017: Insider Media
Citation
Eurofound (2017), Anton Group, Bankruptcy in United Kingdom, factsheet number 90659, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90659.