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.
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, 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.
Joe Duncan has sat on both sides of the buyer/print provider fence, providing him with a unique industry perspective. With an extensive graphic arts industry background, Duncan joined Leo Burnett USA in 2001 where he currently serves as vice president, director of print innovation and technology. Past print production and sales positions included stints at Madden Communications and Sells Printing, among others.
(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2004. Therefore, companies that revised their 2003 revenues may have changed their 2003 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided.) 101 ('03: 97) NorthStar Print Group, Watertown, WI Total Sales (Millions): $57.40 Previous Year's Sales (Millions): $56.52 Change (%): +2 Principal Officer: Richard Gasper Employees: 290 Primary Specialties: PKG 100% Web Offset Press Units: 0 Sheetfed Press Units: 0 Other Press Units: 81 Ownership: Public Plants: 3