Sun European Partners affiliates buys Polestar UK Print Ltd

A Sun European Partners’ affiliate has acquired Polestar UK Print Ltd. Sun European Partners LLP is the European adviser to Sun Capital Partners Inc. Polestar is one of the UK’s leading printers with strong gravure and web offset capabilities.

It produces a majority of UK newspaper color supplements and 23 of the UK’s top 40 magazines, including Hello, Cosmopolitan, Top Gear, Grazia, and Country Life. The firm prints in excess of 40 million magazines every week. Polestar is also the leading publications printer for catalogues and brochures for the consumer, retail and travel sectors.

Barry Hibbert, Chief Executive of Polestar said the transaction represents a significant step forward for Polestar as it will provide further investment and partnership with an organization that has extensive experience in supporting market leading companies.

Polestar remains the outstanding publications printer in the UK market consistently delivering an excellent product to its customers, said Hibbert. The management team is especially excited at the prospect of working with Sun European Partners to deliver the firm’s growth strategy, added Hibbert.

Benjamin Buerstedde, Vice President of Sun European Partners commented that Polestar is a company with great heritage and the acquisition marks a significant investment. Polestar enjoys a leading position among UK publication printers, especially on the time–critical end of the market, said Buerstedde. Sun European Partners looks forward to working with management to further enhance Polestar’s reputation as a reliable partner to the UK’s leading publishers, added Buerstedde.

Sun European Partners, LLP is the European adviser to Sun Capital Partners, Inc., a leading U.S.–based private investment firm focused on leveraged buyouts, equity, debt, and other investments in market–leading companies that can benefit from its in–house operating professionals and experience.

Affiliates of Sun Capital Partners, Inc. have invested in over 260 companies worldwide with combined sales in excess of $40 billion since the inception of Sun Capital Partners, Inc. in the U.S. in 1995. Sun Capital Partners, Inc. has offices in Boca Raton, Los Angeles, and New York, as well as affiliates with offices in London, Frankfurt, Paris, Luxembourg, Shanghai and Shenzhen.

The Polestar Group is Europe’s leading independent printing company. The firm has embarked on an acquisition strategy aimed at turning it into Europe’s most customer-focused, innovative, and profitable printing company. The Polestar acquisition is the latest investment in this direction.

20th April 2011