Staff still awaiting Pindar sale news

Pindar buildings exterior... Pindar House
Pindar buildings exterior... Pindar House

ADMINISTRATORS are still trying to sell of the remains of Pindar’s empire – three weeks after the collapse of the firm.

A buyer is yet to be found for the Pindar’s Scaborough based confidential printing business, and its agility software division in York.

They are the only two remaining arms of the business still under the reign of the administrators with others either sold or closed down.

Pindar, which had been operating in Scarborough for 175 years, went in to administration at the end of July after reporting losses of £1.4 million.

Once appointed administrators immediately sold its Scarborough based web offset and bindery division.

The sale of the company’s largest operation saw all 225 staff transferred as part of the buyout by York Mailing, based in Elvington.

However York Mailing has since announced there will be redundancies, with up to 100 staff facing the axe.

Administrators then announced the sale Pindar’s Aylesbury cartography operation to Halstan Holdings.

All 16 of the business’ employees were transferred to the Amersham based buyer as part of the deal.

The news then came that 31 employees were being laid off at Pindar’s Preston site in a bid to down size the facility.

However shortly after, administrators then announced they were closing the Preston sheet fed division after failing to secure a buyer.

The move saw 72 staff lose their jobs with only a handful of employees remaining to help wind down the business after production ceased.

Since then Wakefield based Charlesworth Press were linked with buying the confidential printing arm in Scarborough.

However a spokesperson for administrators KPMG said they are still “actively seeking a buyer” for the remaining businesses and are looking to “liaise with any interested parties”.

Both the confidential printing operation and the York-based agility software division are continuing to trade in administration.

The Pindar Group also owns the world-wide print shop franchise Alphagraphics Inc, headquartered in Salt Lake City, Utah in the US, and Pindar North America, a multi-channel software provider.

The US operations continue to trade as normal and are not affected by the administration.