[1][2] Sometime after 1971 the foundry ceased operations and all materials (including Figgins' punches and matrices) went to St. Bride's Printing Library.
The founder's great grandson, Richard Herbert Stevens, arranged the merger with Shanks.
Stevens Shanks went into voluntary liquidation in December 1949 and the viable type-founding assets were purchased by A R Gibbon Ltd, a manufacturer of printing inks.
The ink-maker restructured the typefoundry, moving casting equipment, punches and matrices from Southwark Street c.1971 to their headquarters at Coleman Fields in north London, where the foundry continued to operate until c.1984, although very little type was produced towards the end of the company's existence.
In 1950, as the original company was being wound up, some machinery, punches and matrices were also purchased by Stephenson Blake, including the popular "Mercury" series of types.