The hottest walstead merged and built the largest

2022-08-15
  • Detail

Walstead has built the largest periodical printing factory in the UK in three years through M & A. M & A has always been a major trend in the printing industry. During the economic downturn, it is very logical for powerful companies to acquire vulnerable enterprises and take over their customers, employees and equipment

in the UK, many magazine printing houses invested heavily in purchasing the latest printing machines to expand their business, leading to the rapid expansion of the magazine printing industry, which also experienced a period of mergers and acquisitions, and the British magazine printing industry has been in a downturn for several years, during which many large magazine printing houses closed down

recently, the latest and largest merger and acquisition in the British magazine printing market was the sale of its magazine printing business by St Ives group, one of the UK's large printing companies, to private equity firm walstead investment for £ 20million. In three years, walstead investment company acquired a number of magazine printing plants, and became the largest magazine printing plant in the UK

the birth of Britain's largest periodical printing factory

it is reported that the transaction of St Ives group to sell the magazine printing business was officially completed on April 7. St Ives group has three large web offset printing plants with nearly 700 employees, with a turnover of £ 70.5 million and a loss of £ 5.1 million in 2010

walstead investment company was established in 2008, with the purpose of acquiring the British problem printing company vidham. Since then, the company acquired the southern printing plant from discovery media group in July 2009 and the apple web printing plant from trader media group in October 2010. After the successful acquisition of St Ives web printing business, the company will become the largest commercial web offset printing company in the UK, producing 72 weekly and 712 monthly magazines, as well as other periodicals and professional magazines. It is estimated that the company's annual turnover will reach about 150million pounds, and claims to occupy 25% of the magazine printing market share in the UK. All factories are named after vidham's brand

looking forward to easing the low price competition situation

in the financial market, after St Ives group announced the success of this transaction and wanted to turn its energy to higher profit areas, the company's stock price rose by 11%. The industry hopes that such mergers and acquisitions can reduce the number of enterprises competing for major magazine printing orders in the industry, thereby reducing the intensity of horizontal competition and increasing printing prices

Polaris printing company, one of the main competitors of St. Ives group in the UK, has lowered the printing price for a long time, which can be said to be professional. Barry Hibert, the CEO of the company, welcomed the deal of St. Ives group and hoped that more similar events would happen in the future. Insiders also said that if the printing price can really be increased after the merger, it is good news for the British magazine printing industry that it will report the situation to the Wujin District Environmental Protection Bureau in the future, because the current magazine printing price is too low

mergers and acquisitions are the only way for enterprises to develop

in fact, since the British magazine printing industry invested a lot of money to buy high-speed modern web offset printing equipment, and with the reduction of magazine advertisements and page numbers, the short edition, and the collapse of large print magazines, the purchase mode has changed, and the magazine printing market is in a deep downturn. The structural adjustment of the British magazine printing industry has been going on

at the same time, mergers and acquisitions have also occurred in other printing markets in the UK. In the newspaper industry, large groups have concentrated their production in areas with huge color newspaper printing capacity. In local areas, a large number of printing plants have closed down due to the strong capacity of users who can also choose the type of equipment controlled by computers. For example, although Rupert Murdoch's group printing plant is already the world's largest newspaper printing plant, it is still seeking to cooperate with other publishers to expand its order printing business

from this point of view, M & A is the only way for printing enterprises to maintain competitiveness and occupy a place in the market. Not only magazine printing and newspaper printing, but also books and direct mail printing. Otherwise, it is difficult for small Indian enterprises to compete with these super groups generated by mergers and acquisitions

the important disadvantage is that the system ends and the control is messy

Copyright © 2011 JIN SHI