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Deal saves stationery jobs

28th April 2009

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THE FUTURE of a stationery products manufacturer and distributor has been secured after being bought by its managing director.

Michael Deane has acquired Cardinal Brands, which employs 30 staff.

The business was originally owned by RR Donnelly but a decision by the US printing corporation to scale back its European operations meant that Cardinal Brands was likely to face closure.

However, Mr Deane, backed by a £50,000 loan from Partnership Investment Finance (PIF) stepped in to complete the de......for the full story register now for free or login below...


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