Landmark Acquisitions expand Financial Printing
This summer, Toppan Leefung completed the acquisitions of two business units from Merrill Corporation, including Capital Markets and Compliance (CMC) and Marketing and Communications Solutions (MCS). These acquisitions complemented our aggressive growth strategy, which began with the 2017 acquisition of Vintage. The acquisitions included approximately 2,300 employees located in the US and offices in North America, EMEA, India and APAC regions, marking an extraordinary expansion opportunity on a global scale.
When Toppan Vintage New York opened its doors five years ago, it was our first step to position our Financial Printing businesses beyond Asia and ultimately as a leader worldwide. We are confident that these acquisitions contribute greatly to that endeavor. We continue to strive to be the industry’s leading solutions provider, and we now have the opportunity to be a true global powerhouse. As we look forward, our vision and commitment will drive our continuous innovation of technology, processes, products and services, to be the preeminent player in our industry.
CMC and MCS will be core components of our technology-driven financial printing services. With our scale and assets, we will be able to greatly enhance and support both pieces of business by continued investments in people and technology, necessary for growth and to ensure we can meet the industry’s rapidly changing requirements. Our combined resources will also deliver significant investment in solutions and extend our product offerings, while leveraging our unparalleled industry expertise and quality service. We are now providing clients around the world with the leading comprehensive choice for their global financial communications needs, featuring the most complete suite of SaaS and traditional services.
It is important to note that the addition of MCS solidifies our competitive positioning in financial services and advances our goal of regulated market expansion especially as it relates to MCS health insurance and election services business. It also allows us to focus more heavily on mutual funds as a regulated industry.
With the MCS acquisition comes four print, fulfillment and distribution facilities throughout the US: Union, New Jersey; Grove City, Ohio; St. Cloud, Minnesota; and Sartell, Minnesota. The New Jersey location will focus on financial printing. With these facilities, we will be able to offer complete in-house digital and commercial printing capabilities, including full-color print production, pre-press, bindery, imprinting and packaging. By utilizing an end-to-end print management solution that combines print and fulfillment services under one roof, we will reduce overall costs by streamlining the production-through-delivery channel.
To mark this critical time in our Group’s history, we will rebrand our financial printing entities as Toppan Merrill at the beginning of 2019, reflecting our new scale and enhanced offerings worldwide.