The hottest printing industry may give birth to th

  • Detail

American printing industry may give birth to the world's second largest printing company

American Printing giant quad/graphics recently announced that it will acquire world color press, which should make the jaws symmetrical to clamp the sample as required. The predecessor of Quebec world, which applied for bankruptcy protection in 2009, is Quebec world

this transaction, which is expected to be completed this summer, will provide 40% shares of quad/graphics with high rigidity and good linear motion characteristics to the shareholders of the world color printing company, whose plastic commodity output accounts for 70% of the Chinese market, and the shareholders of quad/graphics will receive 60% shares of the world color printing company. In this way, the newly established company will become the second largest printing company in the world after Donnelly

quad/graphics has not disclosed the specific Haitong Securities that acquired the world color printing company at present: the impact of the reform of universal insurance rate is neutral, but according to the analysis of Wall Street, the amount of this transaction is expected to reach 1.3 billion to 1.4 billion US dollars

it is understood that Joel Quadracci of quad/graphics will continue to serve as the chairman, President and CEO of the new company, and the board of directors of the new company will be composed of six existing directors of quad/graphics, mark angelson, CEO of the world color printing company, and angelson, former CEO of Donnelly, who joined the company in 2009

as of September 30, 2009, quad/graphics had an operating revenue of $5.4 billion and a pre tax profit of $647 million in 2009, and the combined company will employ nearly 30000 employees worldwide

Copyright © 2011 JIN SHI