sydney commercial print business Reactiv is in liquidation with owner Kingsley Moore saying its demise was mainly due to financial problems inherited during the 2015 takeover of another Sydney printer as well as his own health problems in the last 12 months.
Reactiv, based in Sydney’s Rydalmere, started in October 2015 when Moore took over Impress Printers which was itself in liquidation.
Moore told Sprinter he has been fighting to keep the business going for the last four years and remains passionate about the print industry but it had all become too much with Focus Print Group acquiring Reactiv’s customer list, printing equipment and eight to nine of the 22 staff.
“My staff worked right up until the end and they have all been paid out in full and all their entitlements are covered. What I am trying to do is do the best I can to support the creditors as much as I can. I don’t have an answer right now but all I know is I want to support the creditors as far as I can,” Moore told Sprinter.
“Focus Print Group have acquired my clients, majority of the equipment and a number of staff.”
Moore said starting out from behind had not helped in his journey with Reactiv.
“Impress Printers went into…
