Vistaprint
As part of its ‘Vistaprint on the Road’ campaign, Vistaprint will take off on a 25-week tour of the U.S. in a 40-foot branded RV.
Cimpress priced the private offering of $275 million in aggregate principal amount of 7 percent senior notes due 2022.
One of the leading Web-to-print businesses in Europe, Exagroup has been acquired by Cimpress.
A multi-million dollar TV advertising campaign has been launched by Vistaprint that tells the dramatic and touching story of a family-owned bakery and the relationship between father and son. The aim of the campaign is to elevate brand perception and foster a higher emotional connection with customers.
Commercial printer company and personnel news from Printing Impressions’ December 2014 edition, including Burton & Mayer, Flesh Co., Kay Printing, Western States Envelope & Label, Dickinson Press, Dscoop, Capital Imaging, Beeline and Blue, HP, Arandell Corp., Cimpress and Vistaprint.
VENLO, THE NETHERLANDS—The parent company of Vistaprint and other Web-to-print brands has changed its name to Cimpress N.V. The company plans to invest hundreds of millions of dollars over the next five years in the development of proprietary software and production technology, in order to evolve its operational capabilities into a shared mass-customization platform (MCP). The Cimpress MCP will aggregate the production volumes of the Cimpress portfolio of brands.
The parent company of Vistaprint has changed its name to Cimpress N.V. In addition, it plans to invest hundreds of millions of dollars into developing a proprietary software and production technology known as a mass customization platform (MCP). Changing the corporate name to Cimpress clarifies the distinction between the corporate entity, its MCP and the company’s growing portfolio of customer-facing brands.
Vistaprint N.V. has announced its financial results for the three-month period ended September 30, 2014, the first quarter of its 2015 fiscal year. Revenue for the first quarter of fiscal year 2015 was $333.9 million, a 21 percent increase compared to revenue of $275.1 million reported in the same quarter a year ago.
Global printing heavyweight Vistaprint has acquired a $25 million minority stake in Brazilian web-printing startup Printi. The purchase marks Vistaprint’s entry into Latin America, after assuming market leadership in the United States, Europe and Asia.
The $25 million investment capital from Vistaprint will fund the construction of their primary fulfillment factory in São Paulo and also go towards B2B marketing with a mix of digital advertising, direct mail, radio and sponsorships, as well as to scale production.
Due to current market conditions, Vistaprint N.V. has postponed its planned private offering of $250 million in senior notes, which it had previously announced on September 8, 2014. "Given current volatility in debt markets, we prefer to postpone our offering at this time, and will potentially revisit an offering in the future if market conditions become more favorable," said Ernst Teunissen, executive vice president and CFO.