Donnelley Buys UK Printer for $990 Million

Share this content:
R.R. Donnelley & Sons, the largest printing company in North America, said yesterday that it will acquire Astron Group, the largest print and mail provider in the United Kingdom, for $990 million.


The agreement, subject to regulatory approval, is to close this summer.


Astron provides transactional print and mail services, data and print management, document production and marketing support services. The two companies already share several clients.


"The Astron Group broadens our diverse printing and service capabilities in Europe, provides us with a strong operations center in Asia, nearly doubles our size in this fast-growing, high-margin segment and creates an expanded opportunity to sell to existing and new clients," Donnelley CEO Mark A. Angelson said in a statement.


In 2003, Chicago-based Donnelley paid $2.8 billion in stock to acquire Moore Wallace Inc.


Astron said it has 4,000 employees in 70 locations globally and expects $550 million in revenue this year.


close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above