Vogue and The Economist printer put up for sale

Mon, 04 Jun 2018 | BUSINESS SALE

The company responsible for printing Vogue and The Economist has been put up for sale by Walstead, which controls the firm, despite a successful year expanding into Europe.

According to chairman Mark Scanlon, the group is working with Rothschilds alongside controlling shareholder Rutland Partners in preparation for the sale of the company, which has been valued between £300-£400 million.

"Our senior management team is committed to our long-term plan to lead the consolidation of the European printing industry," said Scanlon.

"So that we can exploit the many M&A opportunities we are being presented with, we have appointed NM Rothschild to advise us on a range of financing options which would provide us with even greater capital resources to follow through on these plans."

Commenting on the recent successes of the firm, Scanlon highlighted that Walstead has been rapidly growing across Europe in the past three years, expanding its presence across the UK, Czech Republic, Spain, Slovenia and Austria, as well investing across other European territories.

Rutland Partners, which will profit significantly from the sale, took a majority stake in the printing company two years ago, investing £33 million to gain a 53 per cent stake in the firm.

However, it wouldn't be the first financial success for the firm this year. Rutland recently sold the British Pizza Hut franchise for more than £100 million after purchasing it in 2012 for just £1 from Yum Brands. Since then, the private equity backer has invested £60 million to restoring the restaurant chain.


Share this article



Latest Businesses for Sale

Film Equipment Hire Business
Surrey, South East, UK

An exciting and highly successful Film and TV Equipment Hire business established in May 2015 and now offered for sale due to their other business interests.The business is one of only 4 main players in this sector, a sector extremely hard to break i...

Asking Price: £2,300,000
Turnover: £650,000

Factual Film Distributor
South of England, UK Wide

Distributes factual films and news content across international markets. Successful film catalogue covering a wide range of styles and subjects, with all documentaries focusing on strong characters and a solid narrative. Extensive film library, total...

Asking Price: Offers Invited
Turnover: £2,300,000

LEASEHOLD


Printing & Multi-Channel Marketing
Midlands, UK Wide

Digital print, marketing, mailing. Serves an attractive range of market sectors. Excellent potential for growth. Offers invited.

Asking Price: Offers Invited
Turnover: £4,500,000


View more businesses for sale

News Search

Latest News

 
15
 
Aug
 

Payroll and HR companies acquired by software group | BUSINESS SALE

IRIS Software Group has finalised the agreement of intent to...

 
14
 
Aug
 

NG Bailey’s acquisition of Freedom boosts its turnover by 16 per cent | BUSINESS SALE

Engineering and services group NG Bailey’s strategic a...

 
13
 
Aug
 

Forensic science equipment supplier completes MBO | MBO/MBI

A private equity firm has backed the management buyout of a ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources