Burrups Packard Acquires Global Financial

The deal marks the second American acquisition in four months for Burrups, which acquired Packard Press, a 60-year-old Philadelphia financial printing house, in May. Burrups Packard officials said the acquisition would further help to strengthen its presence in the U.S. financial printing market.

"This transaction reflects St. Ives' strategy to grow Burrups Packard into the leading, U.S.-based financial printer," says Joseph Weiss, president of Burrups Packard in Philadelphia. "With Burrups' already strong European presence and this latest U.S. acquisition, we now rank among the four leading financial printing companies in the world. And, in Philadelphia, this acquisition provides us with more than 50 percent of the market and the ability to substantially enhance the services we provide to our clients."