Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Quad Completes Sale of its European Operations to Capmont - Ink World Magazine

What are you searching for?

Sign in
Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

Quad Completes Sale of its European Operations to Capmont

Completed the previously announced sale of its European operations for €41 million.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Quad/Graphics, Inc. announced that it has completed the previously announced sale of its European operations for €41 million (approximately $42 million, of which $14 million was received at close) to Germany-based entrepreneurial private capital investment manager Capmont GmbH.

The transaction includes all employees and facilities for Quad/Graphics Europe print and ink-manufacturing headquartered in Wyszków, Poland; the Peppermint agency in Warsaw, Poland; and Quad POS (including Marin’s International SAS), which has locations throughout Europe.

Excluded from the sale are Quad’s shared services employees in Poland who support the company’s integrated marketing platform in The Americas.

Quad expects to use the proceeds from the sale to reduce debt and make further investments in solutions that advance its MX offering, consistent with its commitment to drive shareholder value.

“We are pleased to have completed this transaction with Capmont,” said Joel Quadracci, chairman, president and CEO of Quad. “The divestiture supports our ongoing strategic focus to optimize our business portfolio for growth as a marketing experience company. This includes maintaining state-of-the-art print operations in locations that support our ever-evolving MX offering – especially The Americas, with North America comprising our largest base of operations and where we believe we can provide the greatest value to clients through our uniquely integrated marketing platform.”

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters