Print buying

The future ownership of Polestar’s factories and assets remains up in the air as administrators at PricewaterhouseCoopers (PwC) assess a number of bids for the business.

German post-press supplier and manufacturer Hohner has announced that it has produced an upgrade and replacement to the HSB 8.000 saddle-stitcher.

Much-loved print company director and father of two Colin Davies has passed away aged 75.

Polestar employees fear some factories ‘could shut down tomorrow’ if a buyer or buyers cannot be found for the businesses, as more redundancies are made at the group and a major publisher shifts...

Time Inc’s Guy Gleysteen has jetted into the UK to address the crisis in the publisher’s supply chain due to the situation at Polestar.

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

The Plockmatic Group, owner of UK finishing product supplier Morgana Systems, has this week completed the purchase of Italian bindery kit manufacturer KGS.

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.

St Ives shares almost halved to a new 52-week low after the group warned on profits for this financial year and next.

Speculation is mounting over the future for Polestar’s single-biggest contract.

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