Pixartprinting joines forces with Vistaprint
Pixartprinting, the market leading e-commerce print company, has announced that Vistaprint has acquired a 97 percent stake in the business, with the remaining three percent stake remaining in the ownership of Pixartprinting’s founder, Matteo Rigamonti,
Founded in 1994 as a family business, in 2000 Pixartprinting made the switch from off-line to on-line following the application of a new business model that was focused entirely on ecommerce and growth into international markets. In 2011, the private equity fund company Alcedo, began working alongside Pixartprinting’s management team to accelerate the company’s further expansion, a stragey that Vistaprint plans to further endorse..
Matteo Rigamonti commented: “The print market still has great potential, which, as a multinational company, with offices worldwide, Vistaprint will help us to realise,” whileRobert Keane, President and CEO of Vistaprint added: “We believe this agreement will lead to benefits, both in terms of the sharing of know-how, expansion of the range, savings in the production process and logistics management, while also focusing on the strength of the individual brands that will continue to operate independently with their own identity and position.”
Pixartprinting operates from an 18,000 sq.m headquarters Ner Venice, from where it provides a 24/7 service for more than 100,000 active customers in Europe, producing in excess of 5,000 printed items each day.
For further information visit: www.pixartprinting.co.uk