Ogier has advised the Guiton Group on the Jersey corporate, competition, property, employment and regulatory aspects of its joint venture with Kodak.
The collaboration has resulted in the establishment of KP Services (Jersey) Limited which will print the Jersey Evening Post and the majority of UK national newspapers for distribution in the Channel Islands. Previously the national newspapers have been printed in the UK and flown to both islands on a daily basis. It is estimated that KP Services will print approximately 35,000 newspapers in total each day, made up from the circulation required for each edition.
The facility opened in Jersey on 13 May.
The deal sees innovation and investment being brought to Jersey as a worldwide showcase for the digital printing of newspapers.
The Corporate team was supported by property partner Jonathan Hughes. Commenting on the transaction, Jonathan said “This exciting initiative by Kodak and Guiton is a great example of technology being used to drive innovation for the benefit of islanders. We are delighted to have been involved in such an important development in the history of the JEP and we wish the KP Services team every success for the roll out.”