Circle Media Group snaps up book printer CPI
BRUSSELS, Aug. 9, 2018 (PPI Europe) -Netherlands-based European printing group Circle Media Group (CMG) has acquired the shares and operational activities of European printing group CPI. Pierre-Francois Catté will continue as CPI’s CEO.
CPI has annual revenues of Euro 360 million ($417 million), 2,500 employees and 16 facilities in France, the UK, Germany, Spain and the Czech Republic.
With the acquisition of CPI, Circle Media Group will have combined pro-forma annual sales of Euro 900 million and more than 5,000 employees.
“The acquisition of CPI is a transformational next step for us in the consolidation of the European printing industry and the creation ...