Prinovis

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Prinovis GmbH & Co. KG

logo
legal form GmbH & Co. KG
founding March 10, 2005
Seat Hamburg , GermanyGermanyGermany 
management
  • Astrid Meicherczyk
  • Ulrich Cordes
Branch Printing industry
Website www.prinovis.com

Prinovis is a German company of the printing industry with headquarters in Hamburg . It was created in 2005 through the merger of the gravure printing companies of Arvato , Gruner + Jahr and Axel Springer . In 2015, Prinovis expanded its business to include offset printing . Since Axel Springer's exit, the company has been wholly owned by Bertelsmann . Prinovis is part of the Bertelsmann Printing Group , Europe's largest printing group.

history

Merger of the gravure printing companies

At the beginning of 2004, Bertelsmann and Axel Springer confirmed negotiations to merge their gravure printing operations. The reason for this was overcapacities on the market with declining print runs and increasingly efficient printing machines. At the same time as the merger plans, Arvato, Bertelsmann's service division, was restructured. After months of talks, the foundation of a gravure joint venture was practically sealed in mid-2004. In September 2004, the heads of the companies involved finally officially gave Prinovis the green light. The Bertelsmann subsidiaries Arvato and Gruner + Jahr each had a 37.45 percent stake, while Axel Springer held a 25.1 percent stake.

Criticism of the establishment of the company came mainly from medium-sized printing companies. The European Commission initially also expressed concerns, but approved the merger in May 2005 unconditionally. With 4,300 employees and a turnover of one billion euros, Prinovis was not only the largest gravure printing company in Germany, but also the market leader in Europe. The management was initially based in Nuremberg, but Hamburg was chosen as the company's headquarters . In addition to the German locations, Prinovis built a new print shop in Liverpool, UK . While supply in Germany still exceeded demand, the market in Great Britain was not yet saturated.

Consolidation and restructuring

In 2005, Prinovis received 30 percent of its print jobs from Bertelsmann and Axel Springer, and the majority of its business was generated by independent customers. In the same year Prinovis announced that it would take over the remaining shares in its Nuremberg printing company (formerly Maul Belser) from KarstadtQuelle . The Essen-based company still owned 25 percent of this, the sale was completed in 2006. Despite various austerity measures, Prinovis continued to have economic difficulties. As a result, jobs were cut in Ahrensburg and Itzehoe, although initially there were no redundancies for operational reasons. In 2008 the company then had to close the entire print shop in Darmstadt in order not to fall into the red. Both the mayor and the Ver.di union criticized this decision. As far as the print shop in Nuremberg was concerned, Prinovis also had to deal with the bankruptcy of the major customer and former partner Arcandor (formerly KarstadtQuelle).

In response to the crisis, Prinovis was radically transformed from a traditional gravure printing company into a modern media service provider. For this purpose, the company installed soft proof stations across the board , for example , to enable more digital releases. The range of content management systems has also been expanded. In addition, Prinovis was even talking about closing its Hamburg headquarters at times, which would presumably have further reduced costs. As part of the restructuring, Gruner + Jahr left the joint venture: in 2011, the shares in the Hamburg publishing house within the Bertelsmann Group were transferred to the sister company Arvato. There were further job cuts, while Prinovis acquired machines from the insolvent competitor Schlott . In 2013 the company announced the closure of its printing plant in Itzehoe because it was continuously making losses. Several thousand people demonstrated against this.

In the same year Prinovis had to cope with a major fire in its Dresden printing plant. In 2014 the company lost an important customer: Der Spiegel switched to Mohn Media , another Bertelsmann subsidiary. From then on, the news magazine was produced using offset printing. Because similar developments could be observed with other customers, Prinovis expanded its business in 2015 to include offset printing. Dresden was the first location where both methods were offered.

Reorganization of the corporate division

Prinovis secured further orders worth millions. In 2015, Axel Springer announced that it would be parting its stake in Prinovis, but would continue to remain a customer. Bertelsmann bought the remaining 25.1 percent and became the company's sole shareholder. The antitrust authorities did not raise any objections. The transaction gave Prinovis greater independence and the parent company the opportunity to simplify the structures of its printing operations. The Be Printers division created in 2012 , which in addition to Prinovis already comprised many of the Group's printing plants, became the Bertelsmann Printing Group on January 1, 2016 , in which all of Bertelsmann's printing businesses are bundled.

Closure of the Nuremberg location

In mid-April 2019, the Bertelsmann Group announced to the public that due to the decline in orders in the printing sector, the Prinovis subsidiary, located in Nuremberg, will close on April 30, 2021. Around 900 employees are affected by the closure. According to the Bertelsmann Group, the other locations are not affected by this decision. At the location in Nuremberg u. a. the following print products are printed: Glamor, Quelle catalog, ADAC member magazine Motorwelt, IKEA catalog, Apotheken Umschau and the last OTTO catalog in spring 2019.

structure

The company was on March 10, 2005 under the Company Ink Printing Ltd. & Co. KG was entered in the commercial register and was only renamed Prinovis two months later. The combination of the legal forms of a German limited partnership , which is preceded by a British corporation as a personally liable partner ( general partner ), was chosen for tax reasons. In January 2016, Prinovis Limited, based in London, left the limited partnership as a partner and was replaced by Prinovis GmbH based in Gütersloh. Today, Prinovis is a GmbH & Co. KG , which is completely based on German law.

Prinovis settled its headquarters in the Hanseatic city of Hamburg. The company's headquarters were initially in HafenCity . Prinovis is currently based in Hamburg-Bahrenfeld . When it was founded, Prinovis had five German printing plants in Ahrensburg , Darmstadt , Dresden , Itzehoe and Nuremberg . With the closure of the plants in Darmstadt and Itzehoe, the number of German printing plants was reduced to three. The management of Prinovis have Astrid Meicherczyk and Ulrich Cordes held. Axel Hentrei is the CEO of the superordinate Bertelsmann Printing Group.

Products

Prinovis produces, among other things, magazines, catalogs and brochures for various industries. The company offers both classic gravure and offset printing . This reflects the general technological change in the printing industry. In 2007, Prinovis produced Europe's first rotogravure catalog on paper according to the FSC standard. Since 2016, the company has generally only bought paper that is certified according to the FSC or PEFC sustainability standards. Some Prinovis print products are allowed to carry the Blue Angel .

In addition to printing, Prinovis takes care of the finishing and processing of its products, for example through UV coating, adhesive binding , saddle stitching or polybagging . Prinovis owns the Nuremberg-based company MBS, a creative agency that specializes in advertising, photography and e-commerce . This means that customers can not only have content for their print products produced by Prinovis, but also order complete cross-media campaigns.

Web links

Individual evidence

  1. ↑ a b c d business register. Bundesanzeiger Verlag, accessed on January 20, 2017 (Hamburg District Court, HRA 101760).
  2. ↑ a b c New printing company is based in Hamburg . In: Hamburger Abendblatt . July 27, 2005, p. 24 .
  3. ↑ a b c d e company. In: Prinovis. Retrieved January 20, 2017 .
  4. ↑ 175 years of Bertelsmann . A future story. C. Bertelsmann Verlag, Munich 2010, ISBN 978-3-641-05406-9 , pp. 339 .
  5. ↑ Bernhard Niemela: A superlative printing company . In: German printer . October 12, 2006, p. 33 .
  6. ↑ Gerd Bergmann: Prinovis delivers first offset order. (No longer available online.) In: Deutscher Drucker. January 13, 2015, archived from the original on October 16, 2017 ; accessed on January 20, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.print.de
  7. ↑ Axel Springer sells a stake in a printing company. In: The Standard. October 5, 2015, accessed January 20, 2017 .
  8. ↑ Bertelsmann takes over Springer's gravure stake. In: WirtschaftsWoche. October 5, 2015, accessed January 20, 2017 .
  9. ^ Bertelsmann Printing Group. Concentrated printing expertise. Bertelsmann, accessed January 20, 2017 .
  10. ↑ New print unit: Bertelsmann is restructuring the printing business. In: New Westphalian. November 5, 2015, accessed January 20, 2017 .
  11. ^ Klaus Wonneberger: The decision is getting closer . Constructive merger talks between the gravure giants. In: Nürnberger Nachrichten . February 6, 2004.
  12. ↑ Günther Frech: Large merger planned in the printing industry . In: Frankfurter Rundschau . February 13, 2004, p. 9 .
  13. ↑ Arvato relies on cooperation . In: Wiesbaden Courier . April 7, 2004.
  14. ^ Hans-Peter Siebenhaar: Bertelsmann subsidiary expects rotogravure merger soon. In: Handelsblatt. April 7, 2004, accessed January 20, 2017 .
  15. ↑ Low pressure fusion on the home stretch . In: Börsen-Zeitung . May 4, 2004, p. 10 .
  16. ↑ Bertelsmann and Springer create new printing giants in Europe . In: The world . September 3, 2004, p. 14 .
  17. ↑ New printing giant before it was founded . In: Hamburger Abendblatt . September 3, 2004, p. 23 .
  18. ↑ Bertelsmann and Springer are planning printing giants . In: Kölner Stadt-Anzeiger . September 3, 2004.
  19. ↑ Gregory Lipinski, Hans-Peter Siebenhaar: Resistance to low pressure fusion is growing . In: 2004-12-07 . S. 15 .
  20. ↑ Pressure fusion on the test bench . In: Kölnische Rundschau . December 24, 2004.
  21. ↑ Burkhard Riering: License to Print . In: The world . May 4, 2005, p. 15 .
  22. ↑ Bertelsmann and Springer are allowed to merge on printing. In: Handelsblatt. May 3, 2005, accessed January 20, 2017 .
  23. ↑ The largest gravure printing company in Germany . In: Saxon newspaper . October 14, 2005, p. 21 .
  24. ↑ Marc Böschen: Prinovis printing company is starting aggressively . In: Financial Times Germany . July 27, 2005, p. 6 .
  25. ^ Hans-Peter Siebenhaar: The cultural manager. In: Handelsblatt. July 26, 2005, accessed January 20, 2017 .
  26. ↑ Birger Nicolai: Gravure printer Prinovis has ambition . In: The world . July 27, 2005, p. 15 .
  27. ^ Gregory Lipinski, Hans-Peter Siebenhaar: Austerity with the new printing giant Prinovis . In: Handelsblatt . July 25, 2005, p. 15 .
  28. ↑ New gravure giant has high goals . In: New Westphalian . July 27, 2005.
  29. ↑ Prinovis is interested in Karstadt's print shop shares . In: German printer . September 8, 2005, p. 6 .
  30. ↑ Karstadt sells Maul-Belser shares . In: German printer . May 11, 2006, p. 7 .
  31. ↑ Klaus Wonneberger: The gravure market suffers from overcapacity . In: Nürnberger Nachrichten . April 21, 2007.
  32. ↑ Hans-Peter Siebenhaar: Bertelsmann puts pressure on Prinovis . In: Handelsblatt . September 14, 2007, p. 24 .
  33. ↑ Nikos Späthnis: Prinovis printing company is cutting up to 250 jobs . In: Hamburger Abendblatt . September 28, 2006, p. 28 .
  34. ↑ Prinovis is reducing overcapacities and personnel costs . In: German printer . October 11, 2007, p. 7 .
  35. ↑ Bertelsmann subsidiary closes print shop in Darmstadt. In: Frankfurter Allgemeine Zeitung. February 5, 2008, accessed January 20, 2017 .
  36. ↑ "Complete closure doesn't have to be" . In: Darmstädter Echo . February 7, 2008.
  37. ↑ Verdi reprimands Prinovis . In: Frankfurter Rundschau . February 7, 2008, p. 10 .
  38. ↑ Without a catalog, Quelle faced cardiac arrest . In: Nürnberger Nachrichten . June 20, 2009, p. 3 .
  39. ↑ Rüdiger Köhn: The catalog printing and delivery stop is a burden on the source. In: Frankfurter Allgemeine Zeitung. July 3, 2009, accessed January 20, 2017 .
  40. ^ Hans-Peter Siebenhaar: Prinovis printing company is facing restructuring . In: Handelsblatt . February 12, 2009, p. 16 .
  41. ↑ Michael Schüle: Media breaks in the proofing process are a thing of the past . In: German printer . November 4, 2010, p. 20 .
  42. ↑ Prinovis expands portfolio . In: German printer . November 4, 2010, p. 4 .
  43. ↑ Does Prinovis want to close its headquarters? In: German printer . February 19, 2009, p. 7 .
  44. ↑ Hans-Peter Siebenhaar: Gruner + Jahr sold printing business . In: Handelsblatt . November 23, 2011, p. 29 .
  45. ↑ G + J leaves Prinovis . In: German printer . December 1, 2011, p. 7 .
  46. ↑ Printing giant Prinovis is cutting jobs massively . In: Nürnberger Nachrichten . May 27, 2011, p. 1 .
  47. ↑ Hans-Peter Siebenhaar: Prinovis buys machines from Schlott . In: Handelsblatt . April 19, 2011, p. 23 .
  48. ↑ Prinovis site in Itzehoe before the end . In: Nürnberger Nachrichten . February 6, 2013, p. 19 .
  49. ↑ Prinovis printing works Itzehoe will be closed in August 2014 . In: German printer . February 21, 2013, p. 4 .
  50. ↑ Kai von Appen: “No dance of death, but a new beginning” . In: The daily newspaper . February 25, 2013, p. 21 .
  51. ↑ Large-scale deployment of the fire brigade at the Prinovis company . In: Dresdner Latest News . May 21, 2013, p. 13 .
  52. ↑ Lutz Wendler, Birgit Jaklitsch: Ahrensburger Prinovis loses the "Spiegel" as a major customer. In: Hamburger Abendblatt. March 19, 2014, accessed January 20, 2017 .
  53. ↑ The “Spiegel” will in future come from Gütersloh . In: Westfalen-Blatt . May 21, 2014.
  54. ↑ The news magazine "Der Spiegel" is to be printed in offset in the future . In: German printer . April 3, 2014, p. 6 .
  55. ↑ Gerd Bergmann: The low pressure area is shrinking . In: German printer . June 5, 2015, p. 11 .
  56. ↑ Simon Wörpel: Prinovis becomes a printing hybrid . In: Saxon newspaper . September 10, 2014, p. 19 .
  57. ↑ Michael Rothe: Prinovis is now doing offset printing - also on the competition . In: Saxon newspaper . January 22, 2015, p. 24 .
  58. ↑ Opportunity for Prinovis . In: Nürnberger Nachrichten . August 2, 2014, p. 32 .
  59. ↑ Prinovis secures orders worth millions . In: German printer . September 4, 2014, p. 4 .
  60. ↑ Prinovis now without jumper . In: Nürnberger Nachrichten . October 6, 2015, p. 17 .
  61. ↑ Axel Springer sells remaining shares in the Prinovis printing group to Bertelsmann. In: Meedia. October 5, 2015, accessed January 20, 2017 .
  62. ↑ From Springer to Bertelsmann . In: Luxemburger Tageblatt . October 6, 2015.
  63. ↑ Stefan Schelp: Prinovis now belongs entirely to Bertelsmann . In: New Westphalian . December 19, 2015, p. 6 .
  64. ↑ Bertelsmann takes over Springer's gravure stake. In: Handelsblatt. October 5, 2015, accessed January 20, 2017 .
  65. ↑ Bertelsmann printing unit is now called Be Printers. In: Börsenblatt. October 31, 2012, accessed January 20, 2017 .
  66. ↑ Bertelsmann is restructuring . In: Frankfurter Rundschau . November 6, 2015.
  67. ↑ Bertelsmann merges its printing division . In: German printer . November 12, 2015, p. 4 .
  68. ↑ Eike Horstmann: Europe's largest printing group . In: New Westphalian . November 6, 2015, p. 11 .
  69. ↑ dpa: End for around 900 employees: Prinovis closes in Nuremberg. In: Nürnberger Nachrichten of April 10, 2019 - available online
  70. ^ NN: Closure in Nuremberg: Prinovis printed these products. In: Nürnberger News from April 11, 2019 - available online
  71. ↑ Start for Prinovis . In: Nürnberger Nachrichten . May 11, 2005.
  72. ↑ Gregory Lipinski: New printing company should be based in London . In: Handelsblatt . June 17, 2004, p. 18 .
  73. ↑ British plant should be under the holding umbrella . In: German printer . July 21, 2004, p. 6 .
  74. ↑ Prinovis in HafenCity . In: Hamburger Abendblatt . October 29, 2005, p. 46 .
  75. ↑ Imprint. Prinovis, accessed January 20, 2017 .
  76. ↑ Prinovis stands up. Locations remain. In: Handelsblatt. July 26, 2005, accessed January 20, 2017 .
  77. ↑ Prinovis closes down in Darmstadt . In: Darmstädter Echo . February 6, 2008.
  78. ↑ Almut Kipp: Prinovis closes print shop - 1,000 jobs affected. In: The world. February 6, 2013, accessed January 20, 2017 .
  79. ↑ Isabell Hülsen : Prinovis is fighting against slow growth . In: Financial Times Germany . September 28, 2006, p. 7 .
  80. ↑ Juliane Paperlein: Hentrei runs the Bertelsmann Printing Group alone . In: horizon . October 6, 2016, p. 12 .
  81. ↑ Prinovis is now owned by Bertelsmann . In: Nürnberger Zeitung . October 6, 2015, p. 17 .
  82. ↑ a b c services. Prinovis, accessed January 20, 2017 .
  83. ↑ Gerd Bergmann: Bertelsmann: "Downsizing the printing business" pushes the result. In: German printer. April 1, 2015, accessed January 20, 2017 .
  84. ↑ Europe's first rotogravure catalog on paper based on the FSC standard . In: German printer . August 30, 2007, p. 7 .
  85. ↑ Prinovis: PEFC and FSC papers at no additional cost. In: European Economic Service. March 24, 2016. Retrieved January 20, 2017 .
  86. ↑ Martina Reinhardt: Blue Angel for green products . In: German printer . November 10, 2016, p. 22 .
  87. ↑ All channels, anytime, anywhere . In: German printer . March 31, 2011, p. 10 .