Imagine! Print Solutions
What follows are high-profile acquisitions of larger printing companies by private equity firms that took place in 2016.
Imagine! Print Solutions in Minneapolis has installed its tenth KBA press — a seven-color, 61″ Rapida 164 full UV press.
An EFI VUTEk HS125 Pro hybrid roll/flatbed inkjet press has been added at Imagine! Express.
Imagine! has received a $340,000 Minnesota Job Skills Partnership Grant. The company will use the grant to foster employee growth.
This week Julie Greenbaum highlights industry news from Landa (partnerships with Quad/Graphics, Cimpress, additional news); HP (deals with Cimpress and Shutterfly); Komori America and 4over Inc.; Heidelberg; and Direct Printing Impressions (Heidelberg, Mohawk Fine Papers).
John Hans has been named CEO of Imagine! Print Solutions and a member of the company's board of directors, effective June 1, 2016. Founder Bob Lothenbach, who has led Imagine! since its inception in 1988, will be working with Hans to affect a leadership transition over the next several months. "I believe we have found an outstanding executive to lead us into the future," says Lothenbach. "The company will benefit from John's leadership style. I am excited to remain part of the business and look forward to advising John and the rest of our terrific management team."
As brick-and-mortar stores fight it out with online retailers, the in-store experience becomes an increasingly important reason why shoppers will still drive to and spend time in a traditional store. Retailers and product manufacturers are counting on unique and attractive printed displays and graphics, as well as creative packaging, to create the difference that keeps shoppers coming.
It’s easy to be amazed at how much Bob Lothenbach has elevated himself after starting out with so little.
A seven-color, 41-inch KBA Rapida 105 has been purchased by Imagine! Print Solutions for its Shakopee, Minnesota, facility.