Industry News, Mergers and Acquisitions, Printers News

LSC Communications to Divest European Printing Business to Walstead Group

Increases strategic focus on North America operations and customer base, provides additional financial flexibility.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

LSC Communications announced that the company has entered into a definitive agreement to sell LSC’s European printing business to Walstead Group, one of the leading web offset commercial printers in Europe.   LSC’s European printing business is headquartered in Poland and includes three web offset manufacturing facilities, a logistics and warehousing site and one location dedicated to premedia services. The agreement is subject to customary completion conditions, adjustments and regulatory app...

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