InnerWorkings Grows In Europe With Acquisition
Vol. 862 
October 25, 2011

Counselor Top 40 distributor InnerWorkings (asi/168860) announced this morning that it has acquired Production Graphics. Headquartered in Paris and with offices in Germany, Hungary, Italy and Spain, Production Graphics is a print management firm with $22 million in 2010 revenues.

“We are excited to forge a partnership with a company that has a track record and reputation as strong as Productions Graphics,” said Eric Belcher, CEO of InnerWorkings and a member of Counselor’s Power 50. “As a result of this acquisition, InnerWorkings will have an even more powerful global footprint. The infrastructure we are gaining in Continental Europe is valuable to our current and future operations.”

Production Graphics has more than 70 employees and does business in more than 25 countries. As part of its deal with InnerWorkings, CEO Christophe Delaune has agreed to a long term contract to remain with the organization. “Joining the preeminent global print management provider, which shares our vision for growth by servicing the needs of major corporations, is a tremendous opportunity,” said Delaune. “Partnering with InnerWorkings allows us to offer additional services and global solutions to our existing roster of large multinational clients.”

InnerWorkings ranks as the 13th-largest distributor in the industry, with $89.3 million in 2010 North American ad specialty sales. The public company (NASDAQ: INWK) reports nearly $500 million in total annual sales and employs approximately 1,000 people in 44 global offices.