Quad/Graphics Acquires Worldcolor
Quadracci—whose late father, Harry, founded Quad/Graphics in 1971—will spearhead the combined firm as chairman, CEO and president. Mark Angelson, CEO of Worldcolor, will chair the board committee on integration and consolidation, and will become a director prior to closing.
"This is the most compelling transaction with which I have been associated and is the occasion to pass the torch of leadership to a new generation in our industry," said Angelson, a veteran from several high-profile printing concerns over his lengthy tenure within the industry.
The acquisition will enhance Quad/Graphics’ position as a commercial printing leader in North America serving the magazine, catalog, retail insert, book, directory and direct mail product segments. It will reportedly offer clients a more comprehensive range of services, including a broader variety of product types and revenue-generating solutions; an enhanced manufacturing platform; and an expanded geographic footprint.
The deal also provides new opportunities to realize distribution efficiencies through improved speed-to-market and product integrity for USPS-delivered products and volume-driven postage savings programs, such as co-mailing.
Read more about the historic deal in the Opinions and Feedback section of the newsletter.