return Home

Walstead Group to acquire LCS Communications' printing business

European commercial printing group Walstead today announced it has signed a definitive agreement to acquire LSC Communications' European printing business based in Poland ("LSC Poland"). The transaction is subject to customary completion conditions, adjustments and regulatory approval.

Established in 1994, LSC Poland is the seventh largest web offset printer in Europe. Revenue in the year ended 31 December 2017 was €200m (US$232m).


Walstead ()

LSC Poland’s P1 factory at Krakow


LSC Poland specialises in the production of retail advertising flyers, magazines, catalogues, and in-store point of sale solutions for over 430 customers in 34 countries. The business also provides pre-media graphic services from a dedicated facility in Warsaw.

The company employs over 2,000 staff at six sites in Poland. The three web offset manufacturing sites at Starachowice (x1) and Kraków (x2) extend to 72,800 m2 in total and house 23 web offset and five sheet-fed printing presses. In 2017 LSC Poland printed 105.2 billion A4 pages and processed 222,000 tonnes of paper.

The enlarged group will employ over 4,400 staff operating 70 web offset and four gravure printing presses which process 905,000 tonnes of paper annually. The group will serve 4,800 customers in 38 countries from 19 production facilities in the UK, Spain, Austria, Czech Republic, Slovenia, and Poland.

LSC Poland will be rebranded and operate as a fourth regional division alongside Walstead UK, Walstead Iberia and Walstead CE. Grzegorz Czech, LSC Poland’s chief executive, will remain with the company.

Mark Scanlon, chairman of Walstead, commented: “This is another transformational deal for us. The combination of Walstead and LSC Poland creates a business with unmatched geographical reach and production resource to support Europe’s largest retailers, catalogue and magazine publishers, and brand owners. As can be evidenced by our growth in the European printing sector, I firmly believe printed media has a long-lasting place with consumers and provides our customers with a measurable, trustworthy and reliable channel to market. Those involved in the print media supply chain must recognise that consolidation is becoming increasingly necessary to ensure print remains a viable and economical communication medium that can continue to meet the challenges of the digital world.”

Thomas J. Quinlan III, chairman, president and chief executive officer of LSC Communications, added: "Walstead’s position as one of the leading web offset commercial printers in Europe will create new opportunities for LSC Poland to expand even deeper into the European market. This, combined with LSC’s strategic focus on driving long-term growth through pioneering services and solutions that create the most value for our core client segments, were the geneses of this mutually advantageous agreement."

More like this

Future Publishing acquires US content business NewBay Media

Bauer Media acquires three titles from News Corp Australia

Japanese media company Uzabase to acquire Quartz from Atlantic Media

Roularta completes acquisition of Sanoma brands

  • Future Media Group acquires W magazine from Condé Nast

    Future Media Group has acquired W from Condé Nast. The acquisition will bring W together with Surface and Watch Journal to form Future Media Group. The Group will continue to publish eight print issues of W annually while also expanding the brand's digital and experiential footprint.

    25th Jun 2019 Deals
  • Wainscot acquires B2B fashion magazines Footwear Plus and Earnshaw’s

    Wainscot Media, a provider of publishing and content marketing solutions based in the USA, has acquired 9Threads, publisher of two prominent B2B fashion magazines and its associated properties.

    28th May 2019 Deals
  • Meredith Corporation announces sale of Sports Illustrated to ABG for $110 million

    Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, today announced that it has finalised the purchase of the intellectual property of Sports Illustrated from Meredith Corporation. This acquisition adds a new vertical to ABG's growing platform and portfolio, which currently generates over US$9.3 billion in global retail sales annually.

    28th May 2019 Deals
  • Discovery acquires Golf Digest from Condé Nast

    Discovery announced it has acquired Golf Digest from Condé Nast. Golf Digest will extend Discovery’s global golf media business to the US market through the brand's multi-platform distribution and reach.

    13th May 2019 Deals
Go to Full Site