LSC Communications Buys Privately-Held Creel in Blockbuster Publication, Commercial Printing Transaction

In a blockbuster deal announced today within the publication and commercial printing sectors, Chicago-based LSC Communications has entered into a definitive agreement to acquire Creel Printing, a privately-owned offset and digital printing company headquartered in Las Vegas. Creel’s capabilities include full-color heatset and coldset web and sheetfed offset printing, regionally distributed variable digital production, wide-format printing and integrated digital solutions.

Creel has approximately 700 employees operating out of six facilities across the country, and is ranked among the Top 10 largest publication and the Top 50 commercial printers. Creel was ranked No. 35 on the 2016 Printing Impressions 400, reporting most recent fiscal year sales of $130.1 million, a 4% increase over its prior year. At the time, it broke its annual sales down as 25% catalogs, 25% digital, 15% publications, 10% direct mail, 10% commercial and 5% newspapers. These product mix percentages likely have changed, however, due to some of Creel’s internal moves and M&A deals that are mentioned further below.

Click here for the complete 2016 Printing Impressions 400, which annually lists the largest printers in the U.S. and Canada ranked by annual sales and is widely considered to be the most comprehensive resource throughout the commercial printing industry.

read more/source: http://www.piworld.com/article/lsc-communications-buys-privately-held-creel-blockbuster-publication-commercial-printing-transaction/

Related Posts

Deluxe Chosen as Premium Preferred Supplier to Porsche North America Family of Brands

Deluxe announced that it has signed Porsche North America to a multi-year contract in its Promotional Solutions business. With the agreement, Deluxe has also signed on as title sponsor for the new Porsche Carrera Cup signature racing series in North America. Deluxe will be the premium preferred supplier to Porsche brands in North America, providing all printed products, apparel, signage kitting and other services at events across the country and to the Porsche family of brands. The Porsche racing performance team will use the exclusive Deluxe promotional solutions online technology to order custom materials and products for their team members and racing fans across the country.

Canon Expands ColorStream 8000 Series of Inkjet Presses (piworld.com)

Two new models – the ColorStream 8200 and 8110 – will look to build on the success of the ColorStream 8000 series of high-speed, web-fed inkjet presses, it was announced today by Canon U.S.A. Inc., a leader in digital imaging solutions. The ColorStream has proven to be an attractive investment for high-volume print production environments since its original launch in 2011, with more than 1,800 towers installed worldwide. The latest additions to the series now includes the ColorStream 8200, offering a maximum speed of up to 656 feet per minute, making it one of the most productive model in the series. The ColorStream 8110, which offers up to 361 feet per minute, is an additional option for print service providers (PSPs) wanting to invest in a new ColorStream press while maintaining existing finishing equipment.

Simpson Print demonstrates commitment to a more sustainable future with its SGP Partnership sustainability certification

The SGP Partnership, announced Simpson Print of Bloomingdale, ON, Canada has achieved its sustainability certification. From wide format to UV offset, digital and more, Simpson Print has a range of printing capabilities from packaging to retail displays, signage and fixtures. “Simpson Print has long since recognized the significance of sustainability within the marketplace,” said Carla Johanns, Simpson Print president. “SGP certification offered the most credible and robust resources to align our staff and customers, as we plan for a cleaner and more efficient future. Our primary objective is to be leaders in reducing our carbon footprint and taking the courageous steps required for the brands and retailers that demand sustainable action from their supply chain and vendors.”
Back To Top
×Close search
Search