Anacomp Announces Purchase of Swiss-Based Bgin Holdings AG
Acquisition will Enhance Anacomp's Presence in Key Regions
And Vertical Market Sectors
SAN DIEGO, Sept. 16 /PRNewswire/ -- Anacomp(R), Inc. (Nasdaq: ANCO), a world leader in digital document-management solutions, today announced that it has purchased the stock of Bgin Holdings AG of Switzerland. The terms of the transaction were not disclosed.
Bgin Holdings AG, with subsidiaries in Switzerland, Germany, and Austria, provides imaging, document-management solutions, customer-relationship management, systems integration and business-process reengineering to leading financial-services companies and government organizations in Europe. Anacomp intends to align this business closely with its current subsidiary in Switzerland, which has complementary capabilities and customers. The combined operations will be one of the largest providers of document-management solutions in Switzerland.
"In addition to expertise in implementing document-management solutions for the Swiss banking sector, Bgin has a growing presence in Germany that will complement Anacomp's existing operations," said Peter Williams, executive vice president of Anacomp. "This acquisition is strategic to Anacomp's accelerated digital growth in the entire region and will present new opportunities for building our European digital-services business." |
