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Receivers weigh up Adland's chances.(Adland Print Group)(Brief Article)

Print Week

| September 27, 2002 | COPYRIGHT 2002 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Adland Print Group has called in administrative receivers and some of its 90 staff have lost their jobs.

The London printer turned to Poppleton & Appleby last week after rolling out a redundancy programme in August.

Around 20 staff have already gone and the firm is completing orders on heavily financed kit, said David Cowan, a manager at the insolvency firm.

'The only real asset base is the order books and goodwill. We haven't yet gone into the reasons that led up to the fall, but have got weeks rather than months to sell.'

Adland made the 203 spot in last year's Print Week ...

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