Bertelsmann Printing Group Explained
Bertelsmann Printing Group |
Type: | Subsidiary |
Industry: | Printing |
Predecessor: | Be Printers |
Founded: | in Gütersloh, North Rhine-Westphalia, Germany[1] |
Location City: | Gütersloh |
Location Country: | Germany |
Area Served: | Worldwide |
Key People: | Axel Hentrei (CEO)[2] |
Revenue: | €1.624 billion (2016)[3] |
Num Employees: | 8,138 (2016) |
Parent: | Bertelsmann |
Subsid: | AZ Direct Berryville Graphics Quad Graphics Campaign Coral Graphics DeutschlandCard GGP Media MBS Nürnberg Mohn Media Offset Paperback Manufacturers (OPM) Prinovis rtv media group Sonopress Vogel Druck |
The Bertelsmann Printing Group is a German group of companies in the printing industry with headquarters in Gütersloh, North Rhine-Westphalia.[4] [5] It was established in 2016 and is the market leader in Europe among offset and gravure printing companies.[6] [7] The Bertelsmann Printing Group is one of eight divisions of Bertelsmann, the international media, service and education conglomerate.[8]
History
In 2005, Bertelsmann and Axel Springer consolidated their gravure printing operations under the umbrella of Prinovis.[9] Reasons for this included the industry-wide price decline and overcapacities.[10] The Hamburg-based company was marked leader in Europe from the beginning.[11] [12] Bertelsmann indirectly owned 74.9 percent, with the subsidiaries Arvato and Gruner + Jahr each holding a 37.45 percent stake. Axel Springer owned the remaining 25.1 percent.[13] In 2012, Prinovis became part of Be Printers, a newly-established division of Bertelsmann for the majority of the printing companies.[14] [15] This move was part of a larger reorganization of Bertelsmann under CEO Thomas Rabe who assumed his position in 2012.[16] In 2015, Axel Springer sold its stake in Prinovis,[17] making Bertelsmann the sole shareholder.[18] In the process, Bertelsmann gained the opportunity to further streamline its printing operations.[19]
Shortly after the restructuring, Bertelsmann announced in 2015 the establishment of the Bertelsmann Printing Group, effective January 1, 2016.[20] All printing companies of Be Printers and the printing operations previously belonging to the sister division Arvato were bundled under the umbrella of the new corporate group.[21] Several other service and production businesses, e.g. storage media manufacturer Sonopress, followed.[22] [23] At the time of its founding, the Bertelsmann Printing Group earned annual revenues of some €1.7 billion and had more than 8,000 employees.[24] Independent of the merger, the brands of the individual printing companies, service and production operations remained intact.[25] Over the course of the business year, it had a significant positive effect on the profit situation of the entire corporate group.[26] [27] In 2017, additional companies from the digital marketing business of Arvato have changed over to the Bertelsmann Printing Group.[28]
Structure
Since 2016, the Bertelsmann Printing Group has been one of Bertelsmann's eight corporate divisions.[29] [30] It encompasses all of Bertelsmann's worldwide offset and gravure operations, as well as several other service and production businesses.[31] The subsidiaries are AZ Direct, Berryville Graphics, Campaign, Coral Graphics, DeutschlandCard, GGP Media, MBS Nürnberg, Mohn Media, Offset Paperback Manufacturers (OPM), Prinovis, the rtv media group, Sonopress and Vogel Druck.[32] Today, in the USA, the company primarily functions as a house printer for the company’s book publishing division.
Initially, the Bertelsmann Printing Group was led by Bertram Stausberg and Axel Hentrei as two equal Chief Executive Officers.[33] Since Bertram Stausberg stepped down in the fall of 2016, Axel Hentrei has solely headed up the group.[34] [35] The headquarters are located in Carl-Bertelsmann-Straße in Gütersloh.[36] In total the group is active at 15 facilities in Germany, the United Kingdom and the United States, as well as Mexico and Asia.[37]
References
- Web site: de. Bertelsmann bündelt Druckgeschäft. Börsenblatt. November 5, 2015. January 17, 2017.
- Web site: de. Neue Westfälische. Bertelsmann: Wechsel an Spitze der Drucksparte. Stefan Schelp. September 30, 2016. January 17, 2017.
- Web site: Annual Report 2016. Bertelsmann. March 31, 2017.
- News: Bertelsmann vereinigt seine Drucksparte. Deutscher Drucker. November 12, 2015. 4. de.
- Web site: Bertelsmann to merge print operations. en. PrintWeek. November 5, 2015. March 19, 2017. Jo Francis.
- News: Europas größte Druckereigruppe. Neue Westfälische. November 6, 2015. Eike Horstmann. 11. de.
- Web site: Bertelsmann schafft größte Druckerei-Gruppe Europas. Buchreport. November 6, 2015. January 17, 2017. de.
- Web site: Neue Print-Einheit: Bertelsmann baut Druckgeschäft um. Handelsblatt. November 5, 2015. January 17, 2017. de.
- News: Gemeinsamer Tiefdruck-Riese heißt Prinovis. Neue Westfälische. May 11, 2005. de.
- Web site: Bertelsmann greift durch. Manager Magazin. September 14, 2007. January 17, 2017. de.
- News: Neuer Druckkonzern hat Sitz in Hamburg. 24. Hamburger Abendblatt. July 27, 2005. de.
- News: Druckkonzern Prinovis startet aggressiv. Financial Times Deutschland. July 27, 2005. de.
- News: Neues Tiefdruck-Unternehmen trägt den Namen Prinovis. Deutscher Drucker. May 19, 2005. 7. de.
- Web site: Bertelsmann-Druckeinheit heißt jetzt Be Printers. Börsenblatt. January 17, 2017. October 31, 2012. de.
- News: de. Neue Westfälische. Bertelsmann tauft Drucksparte Be Printers. November 1, 2012.
- News: Im Kreise der Familie. Neue Westfälische. de. March 19, 2013. Stefan Schelp.
- News: Prinovis nun ohne Springer. 17. Nürnberger Nachrichten. October 6, 2015. de.
- News: Von Springer zu Bertelsmann. Jörn Poltz. Luxemburger Tageblatt. October 6, 2015. de.
- Web site: Bertelsmann übernimmt Tiefdruck-Beteiligung von Springer. Handelsblatt. October 5, 2015. January 17, 2017. de.
- News: Bertelsmann baut um. 36. Frankfurter Rundschau. November 6, 2015. de.
- News: Bertelsmann bündelt Druckgeschäft. de. Südwest Presse. November 6, 2015. 10.
- Web site: de. Sonopress kehrt zu seinem Namen zurück. Ludger Osterkamp. January 17, 2017. January 6, 2016. Neue Westfälische.
- News: Bertelsmann ordnet Druckgeschäft neu. Neue Osnabrücker Zeitung. November 6, 2015. de.
- Web site: Bertelsmann führt Print-Aktivitäten zusammen. Petra Ebeling. Deutscher Drucker. November 5, 2015. January 17, 2017. de. https://web.archive.org/web/20170315085731/http://www.print.de/News/Markt-Management/Bertelsmann-fuehrt-Print-Aktivitaeten-zusammen_2548. March 15, 2017. dead. mdy-all.
- News: Bertelsmann baut seinen Druckbereich um. 21. Nürnberger Nachrichten. November 6, 2015. de.
- News: de. Bertelsmann steigert Gewinn um 20 Prozent. Hamburger Abendblatt. September 1, 2016.
- Web site: Deutscher Drucker. Bertelsmann: Weitgehend stabile Druckgeschäfte. Annika Böhringer. August 31, 2016. January 17, 2017. de. https://web.archive.org/web/20170315174541/http://www.print.de/News/Markt-Management/Bertelsmann-weitgehend-stabiles-Druckgeschaeft_9314. March 15, 2017. dead. mdy-all.
- Web site: Dirk Kemmerer von Arvato Digital Marketing zur Bertelsmann Printing Group. Volker Scharninghausen. New Business. January 31, 2017. March 1, 2017. de.
- News: de. Bertelsmann sortiert sich neu. Kai-Hinrich Renner. 24. Handelsblatt. March 23, 2016.
- Web site: Bertelsmann Printing Group seit Januar als eigener Unternehmensbereich. Buchmarkt. January 21, 2016. January 17, 2017. de.
- Web site: Bertelsmann. Interim Report 2016. January 17, 2017. en.
- Web site: de. Geschäftseinheiten. Bertelsmann Printing Group. March 19, 2017.
- News: Drucken im Spiegel der Zeit. Neue Westfälische. de. June 29, 2016. 12.
- News: Co-Chef Stausberg verlässt Bertelsmann. October 13, 2016. Deutscher Drucker. 4. de.
- News: de. Hentrei führt Bertelsmann Printing Group alleine. 12. Juliane Paperlein. Horizont. October 6, 2016.
- Web site: Impressum. Bertelsmann Printing Group. March 19, 2017. de.
- Web site: en. Bertelsmann. Bertelsmann Printing Group: A New Printing Powerhouse. January 20, 2017.