03.15.19
1951 Constitution Ave.
Hartford, WI 53027
Phone: (262) 673-1400
Fax: (262) 673-1459
www.quad.com
Sales: $250 million (Ink World estimate).
Major Products: Offset, gravure, inkjet and specialty inks.
Key Personnel: Joel Quadracci, chairman, president and CEO of Quad/Graphics; John Fowler, vice chairman and EVP; Tom Frankowski, COO; Dave Honan, EVP and CFO; Dave Blais, EVP of global procurement and platform strategy; Renee Badura, EVP of sales and marketing; Jim Mercier, executive director of CR/T; Sunil Rao, technical director, CR/T.
Number of Employees: More than 25,000 worldwide; approximately 100 in CR/T. (Ink World estimate)
Operating Facilities: Lomira, WI; Oklahoma City, OK; Martinsburg, WV; Greenfield, IA; Hartford, WI; Wyszków, Poland.
Comments: Headquartered in Sussex, WI, Quad/Graphics made huge news this year with a number of acquisitions, mainly in the creative field, as well as its rebranding. However, the announcement that Quad/Graphics is in the process of acquiring LSC Communications has the potential to transform the publication printing field.
A leading marketing solutions provider, Quad/Graphics is the second largest publication printer worldwide, with net sales of $4.2 billion in 2018. Quad will acquire LSC Communications in an all-stock transaction valued at approximately $1.4 billion. As of Sept. 30, 2018, the combined company would have had annual revenue of approximately $8 billion, making it the largest publication printer in the world. The transaction is expected to close in mid-2019
“This is a defining moment in Quad’s 47-year journey,” said Joel Quadracci, Quad/Graphics chairman, president and CEO. “We have grown from a printer with a single facility to a global marketing solutions provider with a seamless, integrated offering that creates more value for all our stakeholders at a time of significant media disruption.”
In February, Quad/Graphics, Inc. announced that it is evolving its brand from Quad/Graphics to Quad to reflect the role it now plays with clients as a marketing solutions partner.
“Through our Quad 3.0 strategy, we have been transforming our company – and our value to clients – over time and now have an offering that extends beyond print and content execution to include an integrated stack of marketing services,” said Quadracci. “Today we are announcing an update to our brand identity to reflect our evolution as a marketing solutions partner.”
Chemical Research/Technology (CR/T) is a subsidiary of Quad/Graphics. Founded in 1982, CR/T produces most of the offset, gravure, inkjet and security inks the company uses. CR/T manufactures hundreds of millions of pounds of ink every year.
As for 2018, Quad increased full-year 2018 net sales 1.5% to $4.2 billion, with integrated services revenue now accounting for approximately 20% of net sales. Quad generated cash flow from operations of $261 million and free cash flow of $164 million for full-year 2018 Free cash flow was $258 million in 2017. The company reduced its debt leverage ratio to 2.11x, net of excess cash.
“2018 was a truly pivotal year in our Quad 3.0 transformation,” Quadracci added. “While maintaining our focus on preserving our high-quality, low-cost producer status, we made strategic investments to accelerate our transformation as a marketing solutions partner by acquiring Ivie & Associates, increasing our investment in Rise Interactive to majority ownership and, in January 2019, acquiring Periscope.”
Hartford, WI 53027
Phone: (262) 673-1400
Fax: (262) 673-1459
www.quad.com
Sales: $250 million (Ink World estimate).
Major Products: Offset, gravure, inkjet and specialty inks.
Key Personnel: Joel Quadracci, chairman, president and CEO of Quad/Graphics; John Fowler, vice chairman and EVP; Tom Frankowski, COO; Dave Honan, EVP and CFO; Dave Blais, EVP of global procurement and platform strategy; Renee Badura, EVP of sales and marketing; Jim Mercier, executive director of CR/T; Sunil Rao, technical director, CR/T.
Number of Employees: More than 25,000 worldwide; approximately 100 in CR/T. (Ink World estimate)
Operating Facilities: Lomira, WI; Oklahoma City, OK; Martinsburg, WV; Greenfield, IA; Hartford, WI; Wyszków, Poland.
Comments: Headquartered in Sussex, WI, Quad/Graphics made huge news this year with a number of acquisitions, mainly in the creative field, as well as its rebranding. However, the announcement that Quad/Graphics is in the process of acquiring LSC Communications has the potential to transform the publication printing field.
A leading marketing solutions provider, Quad/Graphics is the second largest publication printer worldwide, with net sales of $4.2 billion in 2018. Quad will acquire LSC Communications in an all-stock transaction valued at approximately $1.4 billion. As of Sept. 30, 2018, the combined company would have had annual revenue of approximately $8 billion, making it the largest publication printer in the world. The transaction is expected to close in mid-2019
“This is a defining moment in Quad’s 47-year journey,” said Joel Quadracci, Quad/Graphics chairman, president and CEO. “We have grown from a printer with a single facility to a global marketing solutions provider with a seamless, integrated offering that creates more value for all our stakeholders at a time of significant media disruption.”
In February, Quad/Graphics, Inc. announced that it is evolving its brand from Quad/Graphics to Quad to reflect the role it now plays with clients as a marketing solutions partner.
“Through our Quad 3.0 strategy, we have been transforming our company – and our value to clients – over time and now have an offering that extends beyond print and content execution to include an integrated stack of marketing services,” said Quadracci. “Today we are announcing an update to our brand identity to reflect our evolution as a marketing solutions partner.”
Chemical Research/Technology (CR/T) is a subsidiary of Quad/Graphics. Founded in 1982, CR/T produces most of the offset, gravure, inkjet and security inks the company uses. CR/T manufactures hundreds of millions of pounds of ink every year.
As for 2018, Quad increased full-year 2018 net sales 1.5% to $4.2 billion, with integrated services revenue now accounting for approximately 20% of net sales. Quad generated cash flow from operations of $261 million and free cash flow of $164 million for full-year 2018 Free cash flow was $258 million in 2017. The company reduced its debt leverage ratio to 2.11x, net of excess cash.
“2018 was a truly pivotal year in our Quad 3.0 transformation,” Quadracci added. “While maintaining our focus on preserving our high-quality, low-cost producer status, we made strategic investments to accelerate our transformation as a marketing solutions partner by acquiring Ivie & Associates, increasing our investment in Rise Interactive to majority ownership and, in January 2019, acquiring Periscope.”