With annual revenue over US$135 million, The MATLET Group’s operations will include the Acme Printing Company in Wilmington, MA; Central Florida Press, in Orlando, FL; Packaging Graphics, in Pawtucket, RI; Nova Marketing Services, in St-Louis, MO; and Premedia Services of Detroit, MI.
With more than 600 employees, the Group produces premium catalogues, magazines, inserts, blister card and folding carton packaging, casual dining menus, annual reports and other collateral materials. Customers represent a wide range of industries such as travel & leisure, fashion, cosmetics, automotive, higher education, health care products and advertising agencies.
The MATLET Group was formed by Gary Stiffler, former executive vice President of Quebecor World’s Commercial Group, along with two private investors.
“This acquisition represents an exciting opportunity that will restore local ownership to these commercial printing facilities. Each plant’s management group will be familiar to customers and suppliers who have done business with these locations throughout the years,” says Stiffler, president & CEO of the MATLET Group. “We understand and will focus on the two primary success factors in this business: capital investment in the latest technology and highly skilled and motivated employees.”
“We are pleased to conclude this transaction with the MATLET Group. Gary and his management team bring a vast amount of knowledge and experience with them to this new endeavor and we wish them all the best,” says Hugues Simard, vice president Development and Planning, Quebecor World.
Quebecor World Inc is one of the largest printers in the United States with a coast-to-coast network of more than 75 printing and related facilities. Quebecor World’s US operations have annual sales of more than US$4bn and specialise in the printing of magazines, catalogues, retail inserts, books, directories and direct mail. Quebecor World’s global revenues in 2004 were US$6.6bn.
Quebecor World Inc is one of the largest commercial printers in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World has approximately 32,000 employees working in more than 140 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom.
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