ALLCRAFT PRINTING INTO LIQUIDATION

Sydney print operation Allcraft is in voluntary liquidation, the first printer, apart from Ovato, that has hit the skids since the end of lockdowns.

Allcraft was based in Lakemba, and prior to that was located on Canterbury Rd in Canterbury for many years. At one stage it ran a B2 multi-unit press, and had digital kit.

The number of print businesses seeking administration or liquidation has been remarkably few since the onset of Covid, far less in the Covid years than in the pre-pandemic years.

JobKeeper was used extensively in the print industry, with virtually all print businesses taking up the offer to keep staff employed through lockdown. With other government support including no eviction if the rent wasn’t paid, print businesses weathered the Covid storm.

There has been a significant number of mergers in the past few months, with the likes of Peacock Bros buying AMR Hewitts, Precision Group buying Melbourne Mailing, and Quality Press buying Clockwork, but the number of print business failing has been minimal since Covid began.