Print buying

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

Publishing giant Penguin Random House is set to close its largest distribution centre in Rugby, Warwickshire.

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

The first four-colour version of Heidelberg’s Jetmaster Dimension 4D inkjet printing system went live at a high street retail location earlier this week.

A series of events aimed at printers and other graphic professionals looking to grow and future-proof their businesses will be launched early next year.

Heidelberg’s Drupa exhibit will focus on customer demands caused by the industrialisation of printing, under the banner theme of ‘Simply Smart’.

De La Rue has announced plans to reduce its banknote production and invest more in passport work, after completing its manufacturing footprint review.

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.

Direct marketing and communications company GI Solutions has further diversified its offering by launching a creative and artworking agency to target multiple sectors.

Bell & Bain has embarked upon a multimillion-pound investment programme, including the first Horizon Smart Binding System in Europe and a new KBA Rapida 145 large-format litho press.

Blackmore Group has won KBA’s annual 1814 Production Excellence Award.

De La Rue is to implement a major restructure of its print manufacturing footprint in a bid to save £13m a year and reduce excess capacity.