21 June 2019
GEMINI BUYS FOUNDRY PRESS FROM ADMINISTRATORS
Gemini Print Group has acquired Foundry Press out of administration in a pre-pack deal.
Ian Vickers and Chris Stevens of FRP Advisory were appointed joint administrators of Horsham, West Sussex-based Foundry on 21 May by the company’s directors.
Shoreham, West Sussex-based Gemini Print Group, bought Foundry’s business and assets from the administrators via a pre-pack sale, with all of Foundry's staff TUPE’d over to Gemini.
Foundry’s previous owners, Bruce Phillips and Alan Houliston, are “still within the business for a period of time”, according to Gemini group managing director Steve Cropper.