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Vistaprint NV agrees to acquire Italian Company Pixartprinting Srl


Tuesday, 1 Apr 2014 04:05pm EDT 

Vistaprint NV:Enters into definitive agreement to acquire Pixartprinting Srl for base purchase price of about 127 mln Euros, resulting in Vistaprint ownership of 97 percent of Pixartprinting, and 3 percent retained ownership by Pixartprinting's founder.Vistaprint will assume 100 pct of majority stake in Pixartprinting that is held by private equity firm Alcedo SGR.Vistaprint expects Pixartprinting will have net debt position of 18 mln Euros at close of transaction. 

Company Quote

54.79
1.29 +2.41%
30 Sep 2014