4imprint

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4imprint
Public limited company
Traded as
IndustryPromotional products
Founded1985 (1985)
HeadquartersLondon
Key people
Paul Moody (Chairman)
Kevin Lyons-Tarr (CEO)
Revenue$738.4 million (2018)[1]
$44.3 million (2018)[1]
$35.2 million (2018)[1]
Websitewww.4imprint.com

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

History[edit]

The company was founded by Dick Nelson as Nelson Marketing in Logansport, Indiana in 1985.[3] It was acquired by Bemrose Corporation in 1996.[3] In 2000, Bemrose Corporation exited the paper products business[4] and changed its name to 4imprint Group plc.[3] Its North America division was renamed 4imprint Inc.[5]

In 2003, Hanover Investors, a private equity firm, purchased over 25% of 4imprint over the course of a month.[6] 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.[7]

4imprint established a distribution center in Oshkosh, Wisconsin in 2009.[8] In 2012, it sold Kreyer Promotion Service GmbH and Brand Addition Limited to European affiliate companies of H.I.G. Capital for ₤24 million.[9]

In 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.[10][8] 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.[11]

Operations[edit]

Although headquartered in London, 97% of 4imprint's business is in the United States and Canada, where it controls an estimated 3 to 4% of the $23.6 billion promotional products market.[12]

See also[edit]

References[edit]

  1. ^ a b c "Preliminary Results 2018" (PDF). 4imprint. Retrieved 16 June 2019.
  2. ^ "4imprint Group plc". London Stock Exchange. Retrieved 31 December 2018.
  3. ^ a b c "Oshkosh executive heads British promotional firm". Milwaukee Business Journal. 21 May 2000. Retrieved 16 June 2019.
  4. ^ Keers, Helena (30 December 2003). "Bemrose Bought by US Firm". The Telegraph. Retrieved 31 December 2018.
  5. ^ "Bemrose Corp PLC Change of Name". FE Investegate. 18 August 2000. Retrieved 31 December 2018.
  6. ^ "4imprint in US Talks". Manchester Evening News. 17 January 2013. Retrieved 1 January 2019.
  7. ^ "Revolt at 4imprint". The Guardian. Guardian News and Media. 23 September 2003. Retrieved 30 December 2018.
  8. ^ a b Bollier, Jeff (15 January 2015). "4imprint to Add 150 Jobs as Part of Oshkosh Expansion". Oshkosh Northwestern. Gannett. Retrieved 20 December 2018.
  9. ^ "HIG Europe Capital Partners newly acquired Brand Addition to grow into Europe". Manchester Evening News. 10 January 2013. Retrieved 16 June 2019.
  10. ^ "4imprint to Expand in Oshkosh". WLUK-TV. 15 January 2015. Archived from the original on 21 July 2015. Retrieved 22 February 2017.
  11. ^ Daykin, Tom (15 January 2015). "4imprint Plans $10.8 Million Expansion in Oshkosh". Milwaukee Journal Sentinel. Retrieved 22 February 2017.
  12. ^ "4imprint Group (FOUR)". Edison Investment Research. Retrieved 31 December 2018.

External links[edit]