4imprint explained

Logo Alt:4imprint plc corporate logo
Type:Public limited company
Industry:Promotional products
Location:London
Key People:Paul Moody (Chairman)
Kevin Lyons-Tarr (CEO)
Revenue: $1,326.5 million (2023)[1]
Operating Income: $136.2 million (2023)
Net Income: $106.2 million (2023)

4imprint Group plc is a London-based direct marketer of promotional merchandise.[2] It has offices in the United States, United Kingdom, and Europe. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[3]

History

The company was founded by Dick Nelson as Nelson Marketing in Logansport, Indiana in 1985.[4] It was acquired by Bemrose Corporation in 1996.[4] In 2000, Bemrose Corporation exited the paper products business[5] and changed its name to 4imprint Group plc.[4] Its North America division was renamed 4imprint Inc.[6]

In 2003, Hanover Investors, a private equity firm, purchased over 25% of 4imprint over the course of a month.[7] They led a shareholder rebellion, and shareholders called for the removal of all non-executive directors after talks between 4imprint and Hanover Investors broke down.[8]

4imprint established a distribution center in Oshkosh, Wisconsin in 2009.[9] In 2012, it sold Kreyer Promotion Service GmbH and Brand Addition Limited to European affiliate companies of H.I.G. Capital for £24 million.[10]

In January 2015, the company announced an expansion of its Oshkosh operations, with plans to add 150 employees over three years. The company pledged to spend $10.8 million to expand its North American headquarters in Oshkosh by 25,000 square feet, and double its distribution center on the west side of the city with a 100,000 square foot addition.[11] [9] The State of Wisconsin, through its Wisconsin Economic Development Corporation, authorized 4imprint to get up to $1 million in state tax credits, dependent upon the number of jobs created through the expansion.[12]

Kevin Lyons-Tarr became CEO of 4imprint in March 2015.[13]

Operations

Although headquartered in London, 97% of 4imprint's business is in the United States and Canada.[14]

See also

Notes and References

  1. Web site: Preliminary Results 2023. 4imprint. 13 March 2024.
  2. Miller . Paul . 4imprint Makes an Impression with Samples . subscription . 9 May 2019 . Catalog Age . 18 . 2 . Penton Media . February 2001 . New York . 18 . EBSCO's Business Source Complete . 4imprint sends thousands of types of samples, Iott says, including pens, mouse pads, and travel cups - all imprinted or embossed with the 4imprint logo, phone number, and address..
  3. Web site: 4imprint Group plc . London Stock Exchange . 31 December 2018 .
  4. Web site: Oshkosh executive heads British promotional firm. Milwaukee Business Journal. 21 May 2000. 16 June 2019.
  5. News: Keers . Helena . Bemrose Bought by US Firm . . 30 December 2003 . 31 December 2018.
  6. Web site: Bemrose Corp PLC Change of Name . FE Investegate . 18 August 2000 . 31 December 2018 .
  7. News: 4imprint in US Talks . . 17 January 2013 . 1 January 2019 .
  8. News: Revolt at 4imprint . . Guardian News and Media . 23 September 2003 . 30 December 2018 .
  9. News: Bollier . Jeff . 4imprint to Add 150 Jobs as Part of Oshkosh Expansion . . . 15 January 2015 . 20 December 2018 .
  10. Web site: HIG Europe Capital Partners newly acquired Brand Addition to grow into Europe. 10 January 2013. Manchester Evening News. 16 June 2019.
  11. News: 4imprint to Expand in Oshkosh . . 15 January 2015 . 22 February 2017 . https://web.archive.org/web/20150721031540/http://fox11online.com/news/local/4imprint-to-expand-in-oshkosh . 21 July 2015 . dead .
  12. News: Daykin . Tom . 4imprint Plans $10.8 Million Expansion in Oshkosh . . 15 January 2015 . 22 February 2017 .
  13. Web site: Beck . Nate . 4imprint CEO tops industry ranking . 2024-05-10 . Oshkosh Northwestern . en-US.
  14. Web site: 4imprint Group (FOUR) . Edison Investment Research . 31 December 2018 .