Impression

Belgium SC Fund I Feb 2000
Largest European printer of billboard posters and of POS printed materials
Facts
Company Name:Impression
Location:Belgium
Sector:Specialist printing
Sales:€ 102m
Homepage:
Date of investment:Feb 2000
Deal Type:LMBI, buy & build
Syntegra Role:Lead investor

business description

  • Largest European printer of billboard posters and of POS printed materials
  • Impression runs plants and offices across eight European countries. It consists of the number two printer of billboard posters in Europe, Hecht and the subsequently acquired number one printer, the then publicly traded Affiche Européenne. In 2002, Eclipse, the leading printer of billboard posters in Eastern Europe was acquired

transaction strategy

  • Impression project offered a unique opportunity to form the dominant player in Europe with only remote competition, and exploit this unique position
    • Enhance and structure management around two buy-in managers
    • Rationalise and optimise manufacturing capacity, reduce paper, ink and other purchasing costs - Acquire small businesses with significant domestic market position