Quad/Graphics Acquires Worldcolor, will Rival RR Donnelley in Size
Quad/Graphics announced today the intent to acquire Worldcolor formerly known as Quebecor World, before that company filed for bankruptcy in the January 2008.
Joel Quadracci, 41, will serve as Chairman, President and Chief Executive Officer of the expanded company. The future Board will be comprised of the six current Quad/Graphics directors and two Worldcolor directors: Mark Angelson, who will Chair the Board Committee on Integration and Consolidation, and a director to be named prior to closing.
The combined companies will rival RR Donnelley in revenues. Quad/Graphics is the largest privately held printer in the U.S., and Worldcolor is the second largest provider of print, digital and related services in the Americas.
We will be following the investor conference call today and will post a follow up here on Print CEO.
Posted by
imran
Tuesday, January 26, 2010
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