Privateequitywire - REYL acts as sole financial advisor to Circle Media Group on its acquisition of CPI
REYL & Co, a subsidiary of the REYL Group, has acted as sole financial advisor to Circle Media Group, a leading European printing and media group, on its recent acquisition of the leading European book printing group CPI from its shareholders in a cash transaction.
With this acquisition, Circle Media Group further strengthens its European printing business, ensuring that it offers a full range of both analogue and digital capabilities, and maintains its leading position in the ongoing consolidation of the European printing and media industry.
Following the acquisition of CPI, Circle Media Group will have combined pro-forma annual sales of EUR900 million and more than 5,000 employees, making it the largest independent European group in the delivery of print and media capabilities. The group will have 26 printing sites in 10 European countries as well as an operation in the US, 135 printing presses, of which 29 are digital, and will process more than 1 million tons of paper a year.