Web offset

A former Polestar executive has had a hand in the latest continental consolidation play in web offset.

Glamour magazine, which pioneered the 'handbag-size' format is ditching the dinky edition in favour of a new, larger size that reflects today’s “more luxurious and indulgent” print experience.

KBA has again revised upwards its sales and earnings targets for the full year after achieving double-digit growth in Q3, with a strong showing across all areas of the business.

Walstead has appointed the former CEO of CirclePrinters as the new head of its Spanish business.

Bertelsmann Printing Group has scrapped its dual-CEO structure with the departure of one half of the pairing.

Walstead has released its first results detailing how things are shaping up at the now cross-continental group.

YM Group has made a further major expansion of its web offset capacity with the purchase of the 64pp short-grain press from the former Polestar Sheffield site.

An upbeat KBA has increased its sales and profits targets for the full year and is predicting that its previously loss-making Digital & Web division will be in the black by the year-end.

Administrators have brought in £7.45m from selling off Polestar’s businesses and assets so far, but unsecured trade creditors are likely to receive virtually nothing.

Polestar’s collapse shocked the industry, but its demise could be good news for the remaining web offset printers.

A former Polestar executive has stepped in at CirclePrinters as part of a new ownership structure at the continental print group.

Publisher Time Inc (UK) has helped to bankroll Walstead’s acquisition of Polestar Bicester’s assets, PrintWeek can reveal.