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Excelprint has closed with 60 redundancies so far after the administrator failed to find a buyer for the business.
The Suffolk-based business has ceased trading and will finish printing any remaining orders before closing its doors for the last time. Administrator Grant Thornton now hopes to sell off the company's assets including printing equipment and the property in Hadleigh.
Simon Rothschild, a spokesman for Grant Thornton said: 'Although there were quite a number of people who got quite a long way down the line in terms of looking at the …