The world's leading printing group acquires second competitor business unit in extensive acquisition strategy; solidifies leading market position and most comprehensive service options in the industry
New York, N.Y. – Toppan Vintage, part of the world's leading printing group, announced today the strategic acquisition of Merrill Corporation's Marketing and Communications Solutions (MCS) business. Last month Toppan Vintage's parent company, Toppan Leefung Pte. Ltd., also completed the acquisition of Merrill Corporation's Capital Markets and Compliance business.
Merrill provides technology-enabled platforms for content sharing, regulatory communications and disclosure services. MCS offers clients secure, integrated omni-channel solutions that drive client engagement and streamline personalized communications while ensuring compliance with regulatory requirements. MCS will be fully integrated into Toppan Vintage's global printing, communications and technology operation.
The acquisition includes approximately 800 employees located in the US. MCS and the recently acquired Capital Markets and Compliance business will be core components of Toppan Vintage's technology-driven services and will benefit from increased investments in technology and client service.
"The addition of MCS to our already bolstered business provides us with significant opportunity to continue to accelerate growth within our offerings while bringing additional value to our clients," said Yeo Chee Tong, CEO of Toppan Leefung Pte. Ltd. "This acquisition solidifies our competitive positioning in financial services and advances our goal of regulated market expansion especially as it relates to MCS health insurance and election services business. Our acquisitions of these Merrill business units will allow us to be a dominant force in our industry while contributing to our efforts to continue to innovate technology, processes, products and services. Our clients will now have access to the most comprehensive choice of solutions in the industry for their global communications needs."
This acquisition builds upon Toppan Vintage's ongoing growth strategy. In March of 2017, Toppan Vintage acquired Vintage, a former division of PR Newswire and a provider of regulatory compliance across capital markets, corporate services, and institutional and fund services. The acquisition of Vintage strengthened the expansion of the company's global footprint and compliance customer base.
Ultimately, Toppan Vintage will be known as Toppan Merrill, reflecting the organization's scale and enhanced offerings. The company plans to unveil a corporate rebrand in the coming months.