Press release from the issuing company
Salt Lake City, Utah - AlphaGraphics, Inc. (“AlphaGraphics”), a leading design, printing, marketing and communications franchisor, has been purchased by MBE Worldwide (“MBE”), a global third?party logistics, printing and communications services network with approximately 2,600 locations in 39 countries (including nearly 500 in the U.S.) following the acquisition.
Both companies currently operate in the business services industry through a network of locations owned and operated by individual franchisees. AlphaGraphics concentrates on offering premium graphic design, printing, marketing and communication services. MBE specializes in third?party logistics, concentrating on shipping, micro? and related retail?logistics services. Both companies serve primarily businesses (small? and medium?sized enterprises) as well as consumers. The acquisition of AlphaGraphics by MBE, which acquired the U.S.?based PostNet franchise system in April 2017, gives Mail Boxes Etc. an even stronger presence in the U.S. market and an expanded global service offering.
AlphaGraphics will continue to operate as an independent company and will retain its current management team. AlphaGraphics’ headquarters will remain in Salt Lake City, and the companies will retain their individual names, business concepts and brands.
“This is an exciting development for the AlphaGraphics franchise system,” said Gay Burke, AlphaGraphics Executive Chair. “Combining forces with MBE Worldwide creates unique opportunities to synergize with colleagues similarly steeped in managing a franchise?based network of entrepreneurs.”
“AlphaGraphics is an excellent strategic fit for MBE because of its entrepreneur?driven, people?centric, customer?first business model, which complements our MBE business and culture. Also, AlphaGraphics has earned a reputation for technological and service excellence in the highly competitive print, marketing and communications industry in the U.S.” said Paolo Fiorelli, Chairman and CEO of MBE. “We are excited to welcome AlphaGraphics to the MBE family and will work together to provide high?value solutions to our business and consumer customers across the globe.”
© 2024 WhatTheyThink. All Rights Reserved.