Venture One pays $50M for RR Donnelley’s St. Charles complex

R.R. Donnelley & Sons Company announced that it has unified its Content and Creative Services (CCS) and Global Outsourcing (GO) capabilities to expand and streamline offerings for clients. By aligning these capabilities, the Company will be able to better address client needs through a single, centralized global resource platform for creative communications, managed services, transaction processing, and intelligent digital solutions. “Now, more than ever, companies are in need of compelling content creation, coupled with technology-enabled solutions for their creative communications that empower content production at scale,” said Kiran Shankar, President, RRD GO CreativeTM. “We created this new integrated platform in response to an ongoing need articulated by our clients and that we are seeing in the broader market — that is, to provide a seamless high-velocity content services offering, supported by a best-in-class tech stack.”

"I am satisfied with our first quarter financial results, which show that our profitability has increased while we continue the transformation of our organization,” said François Olivier, President and Chief Executive Officer of TC Transcontinental. "In the printing division, the demand for our retailer-related service offering remained relatively stable. Furthermore, we implemented initiatives aimed at continuously optimizing our printing platform, namely the consolidation of our Québec newspaper printing plants. In addition, we will transfer to Hearst the operations of our California facility as of April 2018. Consequently, we will repatriate state-of-the art equipment to some of our Canadian plants, which will generate synergies mainly starting in 2019. "In the packaging division, this year's first quarter results were mainly affected by timing differences in purchases at one of our plants, but we anticipate that organic sales growth in 2018 will be similar to 2017. In addition, we pursued in a very active manner a number of promising acquisition opportunities. Click Read More below for additional information.

Flint Group announced the launch of XSYS, a brand-new division, the result of combining Flint Group Flexographic with Xeikon Prepress. Although the two groups have been working closely for some time in support of the flexographic and letterpress markets, this formal alignment will bring even more collaboration and innovation to the group and to its customers. With the tagline Be Brilliant, the new division will work with its customers to honour its claim of Print Solid. Stay Flexible. “With the integration of Xeikon Prepress with Flint Group Flexographic, we are now connecting the dots and are implementing an important step of our strategy to become a full solution provider for the flexographic prepress industry,” said Dagmar Schmidt, President of XSYS. “In forming this new division, we bring together what belongs together: Plates, Processing Equipment (solvent-and solvent free), Imagers, Sleeves and Adapters. And with this move, we expand our expertise towards our customers. The name derives from ThermoFlexX, nyloflex, Xpress and other brands that feature the X, combined with Systems to form the name XSYS.”