News & Press releases

In light of the recent floods that have affected homes and businesses in Cumbria, Polygon, the European market leader in property damage restoration, has opened two new temporary depots in Carlisle. The main 4,000 square foot depot was operational within three days of the flood hitting and fully stocked with an array of drying equipment in less than a week. This equipment is now in the process of being deployed to homes and businesses within the community.

Polygon AB (publ) has requested a written procedure with its bondholder and waivers under the up to EUR 180,000,000 Senior Secured Floating Rate Notes 2014/2019

Polygon was recognised at the recent British Damage Management Awards’ for its commitment to sustainable property damage management. Organised by the British Damage Management Association every two years, Polygon was the winner in the ‘Environmental Initiative’ category. The award has only been offered twice and both times has been won by Polygon.

On 13 June 2016 a summons to initiate a written procedure for the noteholders to consider a request to permit a debt reorganisation of the Polygon group was announced. The purpose of the debt reorganisation is to strengthen the balance sheet of PolygonVatro GmbH (“PolygonVatro”) and to better reflect the revenue profile of the group on an entity-by- entity basis.