MORE than 500 jobs have been saved after a printing firm was bought out of administration.
The Goodhead Group, which has operations in Bicester and Banbury, was taken over by Polestar Group, meaning there are no redundancies among the 518-strong workforce.
Allan Graham, joint administrator and restructuring partner at administrators KPMG, said: “The printing sector has suffered extremely difficult trading conditions over the last few years, but we are pleased that we have been able to rescue the business and over 500 jobs with today’s sale to Polestar.”
KPMG confirmed the business will continue to operate from both sites.
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