Two Liverpool-based printers, Impress Digital and Eaton Press Print, have merged to slash costs. The new enlarged company will trade as the Icon Print Group. 

Two Liverpool-based printers, Impress Digital and Eaton Press Print, have merged to slash costs. The new enlarged company will trade as the Icon Print Group.

Barry Hodgson, former MD of Impress Digital and joint MD of Icon Print Group, said: “With the current economic conditions, the merger will help us to save money.

“We’ve been working with Eaton Press Print for several years and recently decided to put our heads together.’’

Chartered accountant Hargreaves & Woods advised on the taxation and commercial aspects of the merger. Andrew Woods, chartered tax adviser, was involved in advising on the structure of the deal and ensuring that any potential tax liabilites were minimised.

Woods said: “It was necessary to structure the merged entity in such a way that best reflected the fit of the companies given their current relative sizes, and which also allowed the merged entity to move forward in the most flexible manner.’’