As Arandell Corp. continues to grow, it has strengthened its leadership team with the appointment of Mark Heimerl as senior vice president of sales and marketing. He was previously the director of sales and marketing of printing at RBP Chemical Technology. “It is exciting to be part of a company that has such strong history and reputation in the industry," said Heimerl.
The industry continues to shrink, as evidenced by a brisk 2013 transaction season, capped by the jaw-dropping pickup of Consolidated Graphics by RR Donnelley. And while it was by far and away the biggest deal in '13, a glimpse at the PI 400 can provide further evidence of a shrinking market.
It would be presumptuous to say that M&A activity, across the board, has taken a hit. There has been a fair amount of activity near the $5 million to $15 million range, situations where unions have taken place due to the complementary nature of their products and services, while others have forged working relationships in order to cross-sell off each other's platform. But what isn't receiving much attention—or ink—is the phantom tuck-in, simply because many companies just aren't trumpeting asset purchases.
It's hard to believe that this marks the 29th anniversary of our annual Printing Impressions 400 list of the largest printers in the United States and Canada ranked by annual sales. The consolidation trend has intensified, albeit more from the result of shrinking print markets coupled with the economic fallout from the Great Recession.
Ripon Printers is a company on the move, bolstered by the digital and commercial printing assets it acquired from Sells Printing—including a 10-color Heidelberg sheetfed offset press and two Xerox iGen4 digital presses. Customer "delight" and education have become significant forces in the way Ripon Printers has conducted business in the past 10 years.
Ripon Printers, which produces catalogs, publications, manuals and soft-cover educational products, has purchased certain assets of New Berlin, WI-based Sells Printing. Terms of the deal were not disclosed. The combined companies have annual sales of approximately $55 million.
Sells Printing Co. has filed a mass layoff notice impacting about 67 workers at its New Berlin (WI) operations. In a letter to the state Department of Workforce Development, the company said: “We presently anticipate that 55 SPC employees will be permanently laid off on June 22, 2012. In addition, SPC intends to permanently layoff one employee on June 13, 2012, five employees on Sept. 28, 2012, and six employees on Dec. 31, 2012.”
It was announced in March that certain business interests and assets of Sells was being acquired by Ripon Printers, of Ripon. The company will permanently cease operations
RIPON, WI—Ripon Printers, which produces catalogs, publications, manuals and soft-cover educational products, has purchased certain assets of New Berlin, WI-based Sells Printing. Terms of the deal were not disclosed. The combined companies have annual sales of approximately $55 million.
Ripon Printers, a leading printer of catalogs, publications, manuals and soft-cover educational products in Ripon, WI, has acquired certain business interests and assets of Sells Printing (New Berlin, WI). The combined sales of the two companies total approximately $55 million.
NOW IN its 24th year, the Printing Impressions 400 (special pull-out section) provides the industry’s most comprehensive ranking of the leading printing companies in the United States and Canada. The listings include company name and headquarters location; parent company, if applicable; current and previous year’s rankings; most recent and previous year’s fiscal sales; percentage change; primary specialties; principal officer(s); and number of employees, manufacturing plants and total press units. (Download a PDF version of the entire listing by clicking here.) For information on the complete list with contact and address details, please view Printing Impressions Top 400 datacard. Financial information for the