Cimpress

Cimpress N.V.
Traded as NASDAQ: CMPR
Industry Mass customization
Founder Robert Keane
Headquarters Venlo, Netherlands
Products Print, signage, apparel, gifts and more
Brands Albelli
Drukwerkdeal
Exagroup
Pixartprinting
Vistaprint
Webs
Revenue $1.5 billion (FY15)
Number of employees
 7000
Website cimpress.com

Cimpress N.V. is a Dutch company that specializes in mass customization. The company brings its products to market through a portfolio of brands that serve businesses, graphic professionals and consumers.[1] Founded by Robert Keane in 1995, the company eventually acquired a number of other companies in various countries.[2] It adopted its current name, Cimpress, in 2014 when the company reorganized with the intention of unifying its operational systems into a platform that would serve across its subsidiary brands.[3]

Business

Cimpress is based in Venlo, Netherlands and employs +7000 people globally.[4] Approximately 1,000 employees work at the company’s U.S. office in Waltham, Massachusetts, having relocated from Lexington, MA in August 2015.[5] It also has offices and manufacturing facilities throughout Europe as well as in Canada, India, Australia, China and Japan.[2]

Through the use of its own patented technology, Cimpress aggregates, via the Internet, large volumes of small, individually customized orders for a broad spectrum of print, signage, apparel and similar products.[1]

History

The company was founded under the brand Bonne Impression in 1995 in Paris, France by current President and CEO Robert Keane.[6] In 1999, the company moved its business to the internet and changed its name to Vistaprint.[6] This was followed by its initial public offering in 2005 when it began trading on the Nasdaq under VPRT.[7] The company built its first manufacturing facility in Venlo, the Netherlands, in 2003.[8] This was followed by a North American production facility in Windsor, Ontario, Canada, in 2005.[9]

In November 2011, Cimpress acquired Albumprinter, a company based in Amsterdam, the Netherlands that produces photobooks and Webs, a company based in Silver Spring, Maryland, that enables users to create free websites.[10]

In 2014, Cimpress acquired People & Print Group (renamed Printdeal as of January 1, 2015), an online printing company based in Deventer, Netherlands.[11] In the same year, it acquired Pixartprinting, an online printing company based in Quarto d'Altino, Italy.[12] Also that year, the company changed its name to Cimpress N.V. to clarify the distinction between the corporate entity's manufacturing platform and the company’s portfolio of customer-facing brands.[1]

In 2015, Cimpress acquired three additional online printing companies that serve the needs of resellers and graphic designers in Europe: Druck.at, Easyflyer, Exaprint and Tradeprint.[1]

In 2016, Cimpress acquired WIRmachenDRUCK, a German company that offers a variety of products that can be customized including brochures, flags, banners, envelopes, stamps, stickers, labels, folders, clothing and calendars.[13]

Manufacturing

Cimpress has manufacturing facilities in several countries and a total manufacturing footprint of over 140,000 square meters (1,500,000 square feet).[1] Through the use of its own patented technology, Cimpress is able to aggregate large numbers of customized orders from each of its brands and print them in automated production facilities.[1] The company holds more than 224 patents, many of which are related to printing and computer integrated manufacturing.[1]

Brands

Cimpress goes to market via a portfolio of brands that include:[1]

References

  1. 1 2 3 4 5 6 7 8 "Form 10-K". Cimpress Investor Relations. Retrieved 15 August 2015.
  2. 1 2 Cagle, Erik (25 March 2015). "Cimpress (Parent of Vistaprint ) Is Building a Global Mass-Customization Platform". NAPCO Media. Retrieved 25 March 2015.
  3. ↑ "Form 8-K". Cimpress Investor Relations. Retrieved 14 November 2014.
  4. ↑ "Q3 2006 Financial and Operating Metrics". ir.cimpress.com. Cimpress. Retrieved 28 April 2016.
  5. ↑ Castellanos, Sarah (22 July 2015). "Cimpress, formerly Vistaprint, to leave Lexington HQ this year". Biz Journals. Retrieved 22 July 2015.
  6. 1 2 "From Startup To 500 Million Dollars: VistaPrint CEO Robert Keane". One Million to One Million. Retrieved 15 September 2015.
  7. ↑ "Initial Public Offering Filing". NASDAQ. Cimpress Investor Relations. Retrieved 30 September 2005.
  8. ↑ "VistaPrint Proposes Change in Place of Incorporation from Bermuda to the Netherlands". Sec.gov. Securities and Exchange Commission.
  9. ↑ "Form 10-Q". Cimpress Investor Relations. Cimpress.
  10. ↑ Brown, Rodney (9 December 2011). "Vistaprint to acquire Webs.com for $118 million". American City Business Journals.
  11. ↑ "Vistaprint to Acquire Dutch Firm - Analyst Blog". 19 February 2014. Retrieved 19 February 2014.
  12. ↑ Nias, Simon. "Vistaprint acquires Pixartprinting in €127m deal". Retrieved 3 April 2014.
  13. ↑ "Form 8-K". ir.cimpress.com. Cimpress Investor Relations. Retrieved 1 February 2016.
This article is issued from Wikipedia - version of the Friday, April 29, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.