Clifton Hall is overseeing the administration of the company, Simon Miller, director, Clifton Hall told Australian Printer, “Unfortunately the administrators were unable to sell the business as a going concern despite interest shown in Hyde Park.”
Hyde Park Press – which has been trading since 1930 – went into voluntary administration in Ocotber after a tough quarter which impacted severely on cash flow.
Mason Gray Strange will be conducting an auction of the plant and equipment on 12 February 2013. Hyde Park Press equipment includes; three Heidelberg Speedmasters (a five colour CD 74, five colour 102 and a two colour 102), a range of Canon and Océ digital equipment and a full bindery.
Barry Davis, managing director, Hyde Park Press was unavailable for comment.
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.
Sign up to the Sprinter newsletter