Vistaprint to Acquire Albumprinter, a Leading European Photo Book Provider

Subject to satisfaction of various closing conditions, Vistaprint will acquire Albumprinter for €60 million in cash, with a further €5 million to be paid in cash if Albumprinter meets certain financial targets in calendar year 2012. In addition, Albumprinter management and employees will join the Vistaprint team, but will continue to operate under the Albumprinter brands. The transaction is expected to be completed within one month.