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CEWE takes over system supplier for CEWE Photo Station Acquisitions 

CEWE takes over system supplier for CEWE Photo Station

GaryPageau
CEWE Stiftung & Co. KGaA concluded a purchase agreement for Delmenhorst-based Hertz Systemtechnik GmbH as part of its succession plan. CEWE acquires with Hertz Systemtechnik GmbH a specialist for the development and production of POS terminal systems and its long-time partner and supplier for the CEWE Photo Station. Terms weren’t disclosed. “The acquisition of Hertz Systemtechnik GmbH is an excellent... Read More
Moonpig to buy Buyagift platform for £124 million Acquisitions News 

Moonpig to buy Buyagift platform for £124 million

GaryPageau ,
Retail Insights Network reports U.K.-based greeting card and gifting platform Moonpig to buy gift experiences platform Smartbox Group UK (Buyagift) for £124 million. The company expects to record an underlying revenue growth percentage in the mid-teens for the combined entity. Buyagift serves 3.3 million customers under its two brands, Buyagift and Red Letter, and recorded double-digit revenue growth at a... Read More
Shutterstock acquires Pond5 video marketplace Acquisitions 

Shutterstock acquires Pond5 video marketplace

GaryPageau
Shutterstock, Inc. announced the acquisition of Pond5, the large video-first content marketplace for filmmakers, media organizations, and marketers worldwide for $210 million cash. Pond5 is a leading online marketplace for royalty-free and editorial video, with customers including Netflix, Disney, NBC, BBC, Discovery Channel and The Wall Street Journal. Pond5’s comprehensive collection includes 30 million licensable video clips, 1.6 million music... Read More
Agfa-Gevaert to acquire Inca Digital Printers Acquisitions News 

Agfa-Gevaert to acquire Inca Digital Printers

GaryPageau ,
The Agfa-Gevaert Group announced it will acquire Inca Digital Printers, subject to meeting and obtaining customary conditions and approvals. The acquisition strengthens Agfa’s position in high-speed digital printing and brings an additional focus on packaging printing markets, the company said. “The Inca acquisition is a major step in Agfa’s transformation further,” said Pascal Juéry, President and CEO of the Agfa-Gevaert... Read More
allcop Color Image Service GmbH & Co. KG takes over omaMa GmbH Acquisitions News 

allcop Color Image Service GmbH & Co. KG takes over omaMa GmbH

GaryPageau
 allcop Bambus Service GmbH & Co. KG, a European provider of photofinishing, print on demand, and product personalization, is taking over the online portal omama-shop.de. Terms weren’t disclosed. omaMa focuses on the production of personalized photo products for babies and toddlers including wall clocks, cushions, cuddly toys, and many other products. “With allcop we have found the perfect operative production... Read More
Entourage acquires Picaboo Yearbooks Acquisitions 

Entourage acquires Picaboo Yearbooks

GaryPageau , ,
Princeton, N.J.-based Entourage Yearbooks finalized its acquisition of Picaboo Yearbooks. Combined, Entourage and Picaboo Yearbooks will service more than 10,000 schools and deliver millions of books. Entourage will continue to offer yearbooks under the Entourage and Picaboo Yearbooks brand going forward. Terms weren’t disclosed. “I am thrilled to have gone through this process with Picaboo Yearbooks,” said Elias Jo, founder... Read More
Profoto acquires StyleShoots for EUR 18 million Acquisitions News 

Profoto acquires StyleShoots for EUR 18 million

GaryPageau ,
As part of its strategy to expand in the fast-growing market for automated e-commerce photography, Profoto Holding AB acquired StyleShoots Holding B.V. for a purchase price of EUR 18 million (SEK 186* million) in cash. StyleShoots is a company offering all-in-one solutions for e-commerce photography in the fashion area, with 41 employees and with headquarters in Haarlem, The Netherlands. The... Read More
Photo-Me International takeover bid collapses Acquisitions News 

Photo-Me International takeover bid collapses

GaryPageau
The takeover bid for Photo-Me International after a takeover bid lapsed, according to the Times. Tibergest PTE, the investment vehicle owned by CEO Serge Crasnianski, tabled an offer in January after it increased its stake in the photo booth operator to 36.5 percent, triggering a mandatory bid by bringing its holding above 30 percent. At the time, Tibergest said, the... Read More
Chatham Asset Management completes acquisition of RRD Acquisitions 

Chatham Asset Management completes acquisition of RRD

GaryPageau , ,
Shareholders of R.R. Donnelley & Sons Co. (RRD) voted Feb. 23 to approve the sale of the company to Chatham Asset Management, LLC, bringing to a close one of the most convoluted acquisitions in recent years. The final price, announced on Dec. 14, 2021, was $10.85 per share (about $2.3 billion). The deal concludes competing bids from secret buyers and other... Read More
Lawton Connect acquires Pinhole Press Acquisitions News 

Lawton Connect acquires Pinhole Press

GaryPageau ,
Orlando, Fla.-based family-owned printer Lawton Connect announced the acquisition of on-demand photo product company Pinhole Press. The acquisition adds a consumer-facing, premium- high-quality personalized photo company to the century-old printing business. “Lawton Connect and Pinhole Press unite to form a sophisticated online print engine with 120 years of printing experience,” said Tyler Koon, vice president, Lawton Connect. “Bringing Pinhole Press into... Read More
Kornit Digital unveils state-of-the-art ink manufacturing site in Israel, buys Tesoma Acquisitions News 

Kornit Digital unveils state-of-the-art ink manufacturing site in Israel, buys Tesoma

GaryPageau
Kornit Digital Ltd. announced today the official opening of its new $25 million scalable, state-of-the-art ink manufacturing facility in Kiryat Gat, Israel. The 11,000-square-meter facility incorporates advanced automation, sophisticated workflows, and innovative technologies for production optimization. The new high-volume production facility is expected to fulfill global demand for Kornit consumables for the next decade. “This is a key milestone in... Read More
“Strategic Party” withdraws $11.50 non-binding proposal to acquire RRD Acquisitions News 

“Strategic Party” withdraws $11.50 non-binding proposal to acquire RRD

GaryPageau
R.R. Donnelley & Sons Co. (RRD) announced the withdrawal of the unsolicited non-binding and conditional “Alternative Acquisition Proposal” from the mysterious “Strategic Party” to acquire all of the outstanding shares of RRD’s common stock for $11.50 per share in cash. The Strategic Party did not provide specific reasons for its withdrawal, according to the RRD press release. The company remains... Read More
RRD gets update on unsolicited proposal from Strategic Party Acquisitions 

RRD gets update on unsolicited proposal from Strategic Party

GaryPageau ,
R.R. Donnelley & Sons Company (RRD) announced the receipt of an update to the unsolicited non-binding “Alternative Acquisition Proposal”  from the unnamed “Strategic Party.” On Jan. 3, the Strategic Party said it would deliver a “binding proposal” by Jan. 22. In lieu of submitting a binding proposal, the Strategic Party delivered the non-binding Updated Strategic Party Proposal, which provides for... Read More
PhotoShelter acquires UK-based Third Light to accelerate leadership in digital asset management Acquisitions 

PhotoShelter acquires UK-based Third Light to accelerate leadership in digital asset management

GaryPageau , , ,
  Digital asset management software maker PhotoShelter announced it has acquired Third Light, a U.K.-based DAM software provider. Terms weren’t disclosed. The acquisition was made in partnership with PhotoShelter’s investor Clearhaven Partners, a Boston-based software and technology focused private equity firm, which invested in PhotoShelter four months ago. PhotoShelter serves more than 1,300 enterprises, brands, sports leagues, universities, and other... Read More
Claranova to redeem minority interest in PlanetArt subsidiary Acquisitions News 

Claranova to redeem minority interest in PlanetArt subsidiary

GaryPageau
Paris, France-based Claranova announced the signing of a binding agreement between its subsidiary PlanetArt LLC and Société Commune Européenne de Participation (“SCEP”), for the redemption of between 25% and 65% of the 7.7% minority interest SCEP holds in PlanetArt. With this transaction, Claranova will have a greater share of PlanetArt’s future performance. Total cash consideration paid out to SCEP from PlanetArt’s... Read More