Mitchell Press Broadens Its Services with Acquisition of Teldon Print Media

VANCOUVER, CANADA—June 19, 2012—Mitchell Press and Teldon Media Group announced that Mitchell has acquired Teldon Print Media, making it the Pacific Northwest’s largest independently owned provider of heatset web offset printing services. This division of Teldon Media Group provides end-to-end printing services for customers across Canada and the United States, including digital, sheetfed and web printing.

This acquisition will enable Mitchell to expand its portfolio of equipment and services, and further its strategy to extend the company’s printing platform. With this acquisition, the printer will add significant volume to its operation, while also adding the required equipment to ensure there is always available capacity to manage a significant increase in demand for web printing services.

“This acquisition is a strong complement to our business and a testament to the standards of excellence Teldon has built in our industry,” said Mitchell Press President Howard Mitchell. “By adding both these additional capabilities and the associated revenue to our business, we will build upon Mitchell Press’ established brand and strategically build an even stronger range of services for our customers”.

“The addition of Teldon Print Media assets and revenue to Mitchell Press will provide customers and partners with a deeper and expanded mix of quality and service that is unmatched in our industry,” commented Teldon President Ryan Benn. “Mitchell’s premium services and expert teams provide an established foundation for customers to rely on for the future, and their shared belief in a customer-first culture makes us believe this will be a seamless transition for Teldon Print Media customers”.

This acquisition of Mitchell’s is another significant milestone in its 84-year history. In 2008, the company moved from its Kitsilano facility, out of which it operated for over 50 years, to a brand new, custom-built printing plant in south Burnaby. Built with expansion in mind, this facility has the capacity to service the needs of current customers, while allowing for significant growth in the future.

Teldon will continue to operate the other divisions of its business, including Teldon Marketing Products and Alive Publishing. By divesting of Teldon Print Media, Teldon will be able to focus its resources on its remaining businesses, both of which have been experiencing growth over the past three years. The value of the transaction has not been disclosed.

About Mitchell Press
Established in 1928 by Howard Mitchell Sr., Mitchell Press is in its third generation of family ownership. At one time the largest magazine publisher west of Toronto, Mitchell eventually migrated from publishing to commercial printing, focusing on high-quality medium to long-run heatset web printing. With this acquisition, Mitchell Press becomes the largest privately owned and operated commercial heatset web printing company in Western Canada.

About Teldon Media Group
Established in 1969 in Vancouver, Canada, Teldon has grown to become a provider of printing services, marketing products, and publisher of a wide range of products. Teldon is known best for its printed calendar products and alive magazine.

Source: Mitchell Press.