12 email: editor@printmonthly.co.uk November | December 2026 - Issue 363 printmonthly PrintMonthlyMagazine printmonthly_signlink printmonthly YES Group enters liquidation Your Embroidery Services (YES Group) an engineering company that specialises in embroidery, direct-to-film (DTF), and direct-to-garment (DTG) technology, has announced it has entered voluntary liquidation. Following online speculation, the company has confirmed in an email to customers that it has ceased trading. On October 15th the company confirmed it was working with an appointed liquidator to address the situation and seek the best possible outcome for customers and team members. Brands that YES Group partnered with included Digital Heat FX, Gongzheng, SWF, DTF Station, and Ricoma. The company provided embroidery machines, UV printers, DTF printers, and eco solvent solutions to a range of customers. Following the announcement, UK-based print equipment supplier, China Print Supplies (CPS), has confirmed it will continue to supply ink, spare parts, and servicing for Gongzheng printers across the UK. In a recent statement, CPS noted that it already supplies a range of Gongzheng equipment, reportedly holding supplier relationships to source consumables and parts for any Gongzheng machine in the country, whether or not it sold the machine originally. CPS also noted that it can provide ink and consumables for any Gongzheng machine, as well as spare parts, servicing, and engineering support through its Oswestry-based operation. Last year YES celebrated 30 years in business after officially opening in 1995. In the past year the company exhibited at Printwear & Promotion LIVE! and increased its video output with a series of AI enhanced YouTube videos, with the most recent uploaded on October 9th. In its update to customers, YES says: “As an initial update for our SWF embroidery machine customers, discussions have commenced regarding future servicing arrangements, machine parts, and warranty matters. Although YES will no longer be able to contact customers directly, we encourage you to monitor your email inbox for further updates and advice as more information becomes available.” In the email, YES confirms that all team members have now left the company and are no longer providing servicing, technical assistance, or customer support. Customers in Northern Ireland and Eire have been referred to Neil Branigan who will continue to provide service and support for all customer products. A statement from the YES directors (listed as John Paul Burton and Roy Burton on Companies House) says: “After 31 years of continuous business since February 14th 1995, we would like to express our sincere gratitude to all our valued and loyal customers for their support, trust, and business over those years. “It has been a privilege to serve you, and we are truly grateful to everyone who has been part of our journey.” By David Osgar BUSINESS | NEWS Remaining shares of manroland Goss acquired Manroland Goss, a supplier of web offset equipment and supplies, has now become a 100% subsidiary of the Possehl Group, a Lübeck-based corporate industrial conglomerate. The group has acquired all remaining shares of manroland Goss web systems from previously stakeholder, American Industrial Partners (AIP). Manroland Goss is a separate business to Manroland Sheetfed Systems, which announced its insolvency and ceased operations at its Offenbach factory earlier this year. The global service and spare parts business was later purchased by fellow offset manufacturer Heidelberger Druckmaschinen AG (HEIDELBERG). Manroland Web Systems was established in 2012 when it was splintered off from Manroland Sheetfed, which was purchased that same year by Langley Holdings. In 2018, Manroland Web Systems merged with Goss to become the company it is today. Possehl Group previously held a 51% stake in the company as AIP exits the shareholder structure, leaving Possehl to be the main financing company. The company says that this will mean a clear ownership structure leading to shorter decision-making processes and strengthened collaborations with customers and partners. The group also sees this as a sign of a long-term certainty in the investment of the product portfolio, service, spare parts supply, and retrofits provided. Possehl, which was founded in Lübeck in 1847, has been wholly owned by the nonprofit Possehl Foundation for more than 100 years. The group refers to itself as “a Hanseatic owner with a long-term perspective.” Franz Kriechbaum, chief executive officer of manroland Goss, says: “The full acquisition by the Possehl Group gives manroland Goss a clear ownership structure and a robust financial foundation. For our customers, this means, above all, continuity and planning certainty – in terms of investments, service, and the longterm support of their machines. At the same time, we can consistently continue our technological development and our portfolio of solutions.” Manroland Goss has confirmed that day-to-day operations will remain unchanged with the continued strategic focus on both new-equipment business and also aftermarket solutions. “Existing contacts, contracts, and terms and conditions, as well as ongoing projects, will continue as before. Delivery dates and service obligations will also remain in effect,” adds manroland Goss. YES Group exhibited at Printwear and Promotion LIVE! 2026 [L to R] Franz Kriechbaum, CEO of the manroland Goss Group, and Dr -Ing. Joachim Brenk, chairman of the Possehl Group By David Osgar
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