Gravure

Polestar has renewed its contract to print two weekly supplements for Guardian News & Media, but will lose two others because the publisher is going to print them in-house.

Prinovis UK has officially opened its new on-site Learning Centre at its Liverpool print plant.

Proventus Capital Partners has appointed four directors to Polestar Print Holdings, including a former Quebecor executive.

Prinovis UK celebrated the launch of its year-long programme in support of the Vision for Literacy Business Pledge by holding a reading-themed Christmas party for its employees’ children.

Polestar has found a new chief financial officer with a long track record in working for private equity companies on business turnarounds and profit improvement programmes.

Swedish private equity fund Proventus Capital Partners is in the process of ‘taking control’ of Polestar, resulting in the exit of the print group’s former owner Sun Capital Partners.

Wyndeham Group owner Walstead Investments is prepared to launch a bid for Polestar if the opportunity arises, PrintWeek can reveal.

Polestar is attempting to reassure customers about its future after reports about its parlous financial position appeared in the national press over the weekend.

Prinovis UK has vowed to help improve UK literacy rates by signing the Vision for Literacy Business Pledge 2016.

Polestar has brought in Deloitte to advise on a new financial structure for the group in the face of downgraded forecasts for the performance of the business.

Cosmopolitan magazine has moved from web offset to gravure in its new midi-format, in a move that could have a far-reaching impact if the new size sets a publishing trend.

Bertelsmann is to create Europe’s biggest printing group by putting all its print operations under one umbrella.