Daddy Kate Group has acquired ICR Print, strengthening its market position and expanding service offerings in the personalized printing sector.
Target Company Information
The Daddy Kate Group has successfully acquired ICR Print, a family-owned company based in Tournai, Belgium. Founded in 1978, ICR has established itself as a prominent player in the Belgian and French markets for high-value personalized mailing printing and finishing services. The company currently employs 35 individuals and generates an annual revenue of approximately €7 million.
This acquisition fortifies Daddy Kate’s position in the printing sector, allowing it to enhance its service offerings to clients. ICR Print customers will now benefit from Daddy Kate's extensive range of services, creating a win-win situation for both companies. Notably, ICR's client base is split evenly between Belgium and France, providing strategic value as Daddy Kate already operates in Lille and Paris through its subsidiary, Daddy Kate France.
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Industry Overview
The printing industry in Belgium has evolved significantly over the years, driven by technological advancements and an increasing demand for personalized services. Companies are exp
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Disclosed details
Revenue: $7M