News & Trends

RR Donnelley to Split Three Ways

Published

9 years ago

August 17, 2015

Screen Printing Screen Printing August 2015 Issue

RR Donnelley & Sons has announced that, after a series of strategic acquisitions over the past decade, it will split into three independent, publicly traded companies. One business, FinancialCo, will focus on financial communications and data services; the second, PRSCo, will center on publishing and retail-centric print services, and the third, CMCo, will house customized multichannel communications management.

“We see a significant opportunity to unlock value by allowing these three businesses to pursue their own strategies and invest according to the unique dynamics of their respective industries,” says President and CEO Thomas Quinlan III.

FinancialCo, built of subsidiaries Bowne Financial and Edgar Online, will provide content management, multichannel content distribution, data management and analytics, collaborative workflow, and business reporting tools and translation services.

PRSCo will prepare, produce, and distribute periodicals, catalogs, inserts, books, office products, and directories.

CMCo will offer customized digital and printed communications services, including direct mail, short-run commercial printing, statements, business process outsourcing, supply chain management, logistics, creative design, content management, forms, labels, packaging, and kitting and fulfillment.

According to a release, the restructuring is expected to be completed by the end of 2016. Existing RR Donnelley shareholders will ultimately own shares in all three companies.

click to Comment(Comment)

Up Next

OKI Acquires Wide-Format Printer Business from Seiko Instruments

Don't Miss

Graph Expo to Host Strategic Management Workshop

Let’s Talk About It

Creating a More Diverse and Inclusive Screen Printing Industry

LET’S TALK About It: Part 3 discusses how four screen printers have employed people with disabilities, why you should consider doing the same, the resources that are available, and more. Watch the live webinar, held August 16, moderated by Adrienne Palmer, editor-in-chief, Screen Printing magazine, with panelists Ali Banholzer, Amber Massey, Ryan Moor, and Jed Seifert. The multi-part series is hosted exclusively by ROQ.US and U.N.I.T.E Together. Let’s Talk About It: Part 1 focused on Black, female screen printers and can be watched here; Part 2 focused on the LGBTQ+ community and can be watched here.