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Mergers acquisitions and alliances from around the world: 9 August 2011

Tuesday, 09 August 2011
By Print 21 Online Article

This week’s M&A activity is headed by Prism’s buyout by EFI, plus Blue Print Imaging takeover of Halifax Vogel Group’s NZ operations.

EFI takes pole MIS position with Prism buyout

The US-based leading vendor and developer of information systems for the printing industry has moved to take market leading position in Australia and NZ.

EFI bought the privately held Prism Group for an undisclosed sum. Although headquartered in Brisbane, it has operations in New Zealand, the United Kingdom and the United States Holdings. Its products include Prism WIN MIS and Prism QTMS automated shop floor management and work in progress tracking software.

Marc Olin, GM of EFI’s Software Applications (“APPS”) business unit says Prism has built an impressive list of clients in Australia, New Zealand, Europe, South Africa and North America. “We are extremely happy to bring Prism into our expanding portfolio of customer-centric technologies.

“In addition, we’re very excited to have Prism’s employees join EFI and help us expand our rapidly growing global presence with their years of expertise in software for the printing and packaging industries.”

Prism software will become part of EFI’s Software Applications (APPS) portfolio. EFI intends to integrate support and operations of Prism into the existing APPS organization, which will provide the EFI PrintSmith, EFI Pace, EFI Monarch and EFI Radius software products while continuing to support the existing Prism client base.

Blue Print Imaging takeover of Halifax Vogel Group’s NZ operations

New Zealand-based digital equipment provider Blue Print Imaging adds the NZ operations of Halifax Vogel Group (HGV) to the recently acquired LCS to become a complete solution provider.

According to Blue Print, it will run its rigid board division from the current HGV premises in East Tamaki and are taking on Mike Tate, the HGV customer service and warehouse manager.

Like Blue Print Imaging, HGV’s NZ operations specialise in the supply of digital media, with brand names such as Dibond, Forex, Karpa, Gartofoan and Foam-X.

Universal Magazines snaps up Westwick-Farrow Media

Australia’s specialist magazine publishing sector had a major development this week when Universal Magazines acquired Westwick-Farrow Media from founding owners Adrian and Yvonne Farrow.

Prema Perera, CEO of Universal Magazines says the deal emphasises its commitment and belief in print, as “magazines continue to be profitable tools of communication for advertisers who want to reach engaged and receptive audiences.”

In terms of the deal, Universal has acquired nine regular national titles, related digital editions, 11 websites and an events division. Through this deal it has increased its ability to enter new trade publishing markets in Australia, NZ and Asia.

According to the magazine publisher, much of Westwick-Farrow Media’s original operating structure will be maintained and continue to operate from the existing offices in Wahroonga on Sydney’s north shore.

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