Log In | Become a Member | Contact Us


Leading printing executives into the future

Connect on Twitter | Facebook | LinkedIn

Featured:     European Coverage     Production Inkjet Analysis

American Reprographics Acquires UK Based Reprographics Warehouse

Tuesday, October 14, 2008

Press release from the issuing company

WALNUT CREEK, CA--(October 7, 2008) - American Reprographics Company, the nation's leading provider of reprographics services and technology, today announced the acquisition of the assets of The Reprographics Warehouse Ltd., a provider of document management, document reproduction, and related services to the architectural, engineering and construction industry in England. The company is ARC's first wholly owned reprographics company in the United Kingdom.

The Reprographics Warehouse Ltd. operates a single centralized service facility in Central London with year-end revenues in 2007 of approximately $2.7 million (U.S.). Consistent with American Reprographics Company's operating philosophy, Reprographics Warehouse Ltd. provides a conventional range of digital reprographic services including document management and fulfillment, black & white and color reproduction, bid management services, as well as specialty document services in the legal and financial markets. Terms of the acquisition were not disclosed.

John Snell, Managing Director of the firm, said, "This is a fantastic opportunity for us and I am very happy to be part of this transaction. I think the synergies are immense. ARC is the largest company of its kind in the world, and we're proud to represent its first step in setting up a strong presence in London. We're looking forward to providing our existing customers with new software and services, and to act as a springboard to help ARC reach deeper into the U.K. and European markets."

K. "Suri" Suriyakumar, Chairman, President and CEO for American Reprographics Company, stated, "We are extremely excited about this acquisition. Although it is a relatively small firm from an overall revenue point-of-view, bringing Reprographics Warehouse into the company is an important step in establishing our presence in the U.K. It also gives us a chance to serve our U.S.-based customers there, several of which are currently involved in major projects in London. With John and his team on the ground in London, we will be able to serve these clients far more effectively."

More information about this acquisition, as well as earnings results for the third quarter of 2008, will be made on ARC's earnings call scheduled for 5 p.m. Eastern Standard Time on November 6, 2008.

 

 

SHARE

Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2016 WhatTheyThink. All Rights Reserved