Business Management - M&A
There are two ways to build a printing company’s top line: by increasing share of market, and by increasing share of customer.
ImageMark Business Services of Gastonia, North Carolina, has announced the acquisition of Hickory, North Carolina-based Catawba Direct Marketing Solutions. With this acquisition, ImageMark will add 10 jobs to its existing 62-person staff, effective immediately, and transition all services to its Gastonia location. "The mailing technology and solutions that ImageMark will be gaining from Catawba Direct Marketing Solutions will allow us to expand our offerings to clients and continue to meet and exceed their needs," said ImageMark President Walter Payne.
Blackford Capital has announced its investment in Dickinson Press, a 130-year-old Grand Rapids, Michigan-based company and leading full service book manufacturer and printing services provider. Investment banking firm New Direction Partners represented Dickinson Press in the sale and will be partnering with Blackford and Dickinson Press moving forward as the company aggressively pursues add-on acquisitions.
Once you’ve decided to sell or to acquire another firm, your best negotiating tactic is to let someone else handle some of it for you.
Leading retail services provider GSP has announced growth plans for Great Big Pictures, which GSP acquired in May 2015.
Digital printing of textiles takes center stage as EFI stakes out a leadership position with its acquisition of Reggiani Macchine, the highly specialized Italian manufacturer of textile printing equipment. In addition to the acquired company’s more traditional rotary and flatbed screen printing devices, Reggiani produces a line of industrial digital inkjet machines that are bringing the digital revolution to the world of fashion and fabrics.
mutares AG took over Metsä Board Zanders GmbH on May 20, 2015.
Tradeprint, a leading trade printer in the UK, has been acquired by Cimpress N.V. Robert Keane, president and CEO of Cimpress, commenting on the acquisition, said, "resellers and graphic professionals greatly value reliable, professional, rapid delivery of high-quality, price-competitive products. With Tradeprint, we’ve found a partner that delivers consistently on those criteria thanks to a highly talented and focused team. We welcome them to Cimpress and look forward to helping them build upon that very strong foundation."
Independent Printing of De Pere, Wisconsin, has acquired PrimaGraphics Inc. of Green Bay, Wisconsin, reported the Green Bay Press-Gazette. PrimaGraphics, a division of Independent Checks, will operate under the PrimaGraphics name and will remain at its current location at 2461 Larsen Road.
The combined company has more than 12,000 employees working in more than 80 companies with operations in 32 states and nine countries.