Packaging

Both Wyndeham owner Walstead Group and Prinovis have confirmed their potential interest in parts of stricken print group Polestar.

Polestar’s unsecured creditors from the period prior to the pre-pack sale of the business in March were owed more than £235m by the group.

Unite the Union has expressed its fears for UK print jobs if DMG Media moves its supplements to the continent in the wake of the Polestar pre-pack sale and administration.

Polestar UK Print and Polestar Stones-Wheatons have gone into administration, a month after the pre-pack sale of the group to Proventus.

Polestar claims to have secured more than 90% of its key customer contracts, while a former senior director is back at the business on an interim basis.

Asahi Photoproducts is launching two new flexo plate products at Drupa, which will, the company said, improve both print quality and efficiency.

Polestar appears to have lost its second multimillion-pound contract in the space of a week.

Polestar’s owner Proventus Capital Partners injected a further £11m into the group in December after Sun Capital declined to provide further funding for the business, according to the first...

Polestar is in a critical post-pre-pack period as it strives to convert customers and suppliers into dealing with the new company. Meanwhile, PwC filings have revealed that Proventus acquired the...

Polestar could pre-pack again according to a Sky News report.