More than 50 people have lost their jobs after administrators were called in at the Leicester-based SBS Group – which is made up of Streamline Press, John Baxter & Sons and Spectrum Printing Services.
Administrators said the business was a victim of factors including rising costs and tough trading during the pandemic.
At team at independent risk and financial advisory firm Kroll said they had looked at potential options for all three businesses but decided to close them down, with 55 staff being made redundant.
