Donnelley Buys Asia Printers Group for $95 Million
Asia Printers Group is part of Asia Holdings Ltd. It produces bound books, especially children's illustrated books, for distribution worldwide as well as financial documents and annual reports in Asia, particularly Hong Kong.
R.R. Donnelley said it expects the acquisition to be completed in the summer. Asia Printers Group has locations in Dongguan, China, and Hong Kong, and has about 1,400 employees.