Wednesday, July 9, 2014

Paragon Group Acquires Allkopi

Blog Publisher’s Comments:

On May 23rd, 2014, Paragon Group acquired Allkopi.  Allkopi was previously owned by Service Point Solutions, having been acquired by Service Point Solutions in 2007.

An announcement about this acquisition appears on Paragon Group France’s blog.  For those of you who are fluent in French, here’s the French-language (and “official”) version of the announcement:

And, for those of you who aren’t fluent in French, here’s an English-language “Google-Translate” translated version of the announcement that appears on Paragon France’s web-site.  Please keep in mind that Google-Translate translations are not perfect (and, in many cases, read a bit weird.)

New acquisition by the PARAGON GROUP: welcome to ALLKOPI AS
Published June 2, 2014

We are pleased to announce a new acquisition by the Paragon Group. Paragon acquired Allkopi AS in Norway May 23, 2014.

Allkopi, created in 1957, was part of the group Service Point. The company is based in Oslo and operates 20 facilities in 15 cities in Norway, serving businesses and individual clients. Although the network of the largest and most modern in the country with digital printing copying in all major cities of Norway, Allkopi operates online shops and who offer for sale products digital printing including greeting cards, calendars, posters decorating. From its main site based in Oslo, it provides project management and digital solutions, as well as offset printing high quality for large companies.

Allkopi has a turnover of 36 million euros and employs over 200 people.

We are naturally delighted with the acquisition of this company, which brings a new experience to the Group, and we see many benefits for both our existing and prospective customers and enhancing the capacity and the Group's presence in Europe.

The acquisition of Allkopi following previous acquisitions Holmbergs Sweden and Service Point UK, as well as recent purchases Horner Brothers UK and RR Donnelley Cosne sur Loire. We are continuing our discussions on other operations implemented by Service Point in Europe.

In recent years, Paragon has made ​​a significant investment in our businesses to strengthen the digital solutions we can provide to our growing list of clients. This will continue to be an essential element of our investment strategy across all operations.

Patrick J. Crean

Chief Executive Officer

No comments:

Post a Comment