Bertelsmann Spins Off Its Arvato Printing Operations
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The new printing unit will have revenues of €1.2 billion and will consist of the Prinovis Group and its sites in Germany and the U.K., along with Arvato’s printers in Italy, Spain and the United States. The Mohn Media group and GGP Pößneck will remain with Arvato, however, because they dovetail very closely with Arvato’s services businesses. The Arvato division is simplifying its structure to concentrate on its fast-growing services business and the development of new business fields.
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