Quad/Graphics Selling European Operations

October 22, 2024
Photo courtesy of Quad/Graphics Joel Quadracci, Chairman, President and CEO of Quad/Graphics, comments on sale of European operations.

Quad/Graphics, Inc. has entered into a definitive agreement to sell the majority of its European operations for $45 million to Capmont GmbH, a German private capital investment manager. The deal is expected to close by the end of the year. This advances the company’s transition from a printing-focused company to a marketing experience (MX) company.

The transaction includes all employees and facilities of Quad/Graphics print and ink-manufacturing headquartered in Wyszkow, Poland; the Peppermint agency in Warsaw, Poland; and Quad POS, which has locations throughout Europe. Quad’s shared services employees in Poland who support the company’s integrated marketing platform in the Americas are excluded from the transaction and will remain Quad/Graphics employees. 

“The decision to divest the majority of our European operations supports our ongoing strategic focus to optimize our business portfolio for growth as a marketing experience company,” said Joel Quadracci, Chairman, President and CEO of Quad. “We will maintain state-of-the-art printing operations in locations that best support our ever-evolving MX offering. This includes the Americas, with North America comprising our largest base of operations and where we believe we can provide the greatest value to clients through our uniquely integrated marketing platform. We will also continue to leverage strategic partnerships that enhance our ability to provide a seamless marketing experience around the globe.”

Quadracci continued: “Over the years, we have made significant investments in our European operations and, today, have best-in-class equipment and capabilities, backed by knowledgeable, experienced employees. As we move forward with the sale, we are committed to facilitating a smooth transition for our employees who will continue to deliver the top-quality service our clients have come to expect.”


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