Cimpress

{{Short description|Irish Company}} {{Infobox company | name = Cimpress plc | logo = Cimpress logo.svg | former_names = {{ubl|class=nowrap|Bonne Impression|{{small|(1995–1999)}}|Vistaprint|{{small|(1999–2014)}}}} | type = Public | traded_as = {{NASDAQ|CMPR}}<br />Russell 2000 Component | industry = Mass customization | founded = {{start date and age|1995}} | key_people = {{ubl|class=nowrap | Robert S. Keane (chairman & CEO) | Sean E. Quinn (CFO)}} | location = Dundalk, Ireland | brands = Vistaprint, National Pen, Pixart Printing, WmD, ExaPrint | revenue = {{ubl|class=nowrap|{{increase}} US$ 3.40 billion|{{small|(FY JUN 30 2025)}}}} | operating_income = {{ubl|class=nowrap|{{increase}} US$ 226.3 million|{{small|(FY JUN 30 2025)}}}} | net_income = {{ubl|class=nowrap|{{decrease}} US$ 12.9 million|{{small|(FY JUN 30 2025)}}}} | assets = {{ubl|class=nowrap|{{increase}} US$ 1.97 billion|{{small|(FY JUN 30 2025)}}}} | equity = {{ubl|class=nowrap|{{decrease}} US$ -583.5 million|{{small|(FY JUN 30 2025)}}}} | num_employees = {{ubl|class=nowrap|~15,000 {{small|(full-time)}}|~900 {{small|(temporary)}}|{{small|(FY JUN 30 2025)}}}} | homepage = {{URL|https://cimpress.com/|cimpress.com}} | footnotes = <ref name=10KJUN302017>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1262976/000126297617000025/cmpr0630201710-k.htm|title=US SEC: Form 10-K Cimpress N.V.|publisher=U.S. Securities and Exchange Commission}}</ref> }}

'''Cimpress plc''' is an Irish<ref>{{Cite news|url=https://www.bloomberg.com/graphics/tax-inversion-tracker/|title=Tracking Tax Runaways|newspaper=Bloomberg.com}}</ref> multinational technology company that invests in and operates a wide variety of businesses that use mass customization to configure and produce small quantities of individually customized goods. Those products are sold to small businesses, graphic designers and consumers<ref name="Annual Report 2015">{{cite web|title=Form 10-K|url=http://ir.cimpress.com/phoenix.zhtml?c=188894&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwNDM3MzI1JkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3|website=Cimpress Investor Relations|access-date=15 August 2015}}</ref> through a number of customer-facing brands that Cimpress operates.

== Business operations ==

Cimpress is a conglomerate that specializes in mass customization, based in Dundalk, Ireland employing more than 10,000 people globally across manufacturing, marketing, technology, software development, sales and support functions.<ref>{{cite web|title=Q3 2016 Financial and Operating Metrics|url=http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NjMxMTI1fENoaWxkSUQ9MzM1NTgzfFR5cGU9MQ==&t=1|website=ir.cimpress.com|publisher=Cimpress|access-date=28 April 2016}}</ref> It has offices and manufacturing facilities throughout Europe, North and South America, India, Australia, Philippines, China and Japan.<ref name="Annual Report 2015" /><ref>{{Cite web|url=https://ycharts.com/companies/CMPR/total_employee_number|title=Cimpress Total Employees (Annual) (CMPR)|website=ycharts.com|language=en|access-date=2018-07-02}}</ref>

Cimpress aggregates, via the Internet, large volumes of small, individually customized orders for a broad spectrum of print, signage, apparel and similar products.<ref name="Annual Report 2015" />

== History == The company was founded under the name Bonne Impression in 1995 in Paris, France by current President and CEO Robert Keane.<ref name="From Startup to 500 Million">{{cite web|title=From Startup To 500 Million Dollars: VistaPrint CEO Robert Keane|url=http://www.sramanamitra.com/2009/06/24/from-startup-to-500-million-vistaprint-ceo-robert-keane-part-1/|website=One Million to One Million|date=24 June 2009|access-date=15 September 2015}}</ref> It was a direct marketer of desktop publishing software and pre-printed laser-printer-compatible specialty papers for printing brochures, stationery and business cards from the desktops – focused on small business customers. In 1999, the company moved its business to the internet and changed its name to Vistaprint.<ref name="From Startup to 500 Million" />

This was followed by its initial public offering in 2005 when it began trading on the Nasdaq under VPRT.<ref name="Initial Public Offering">{{cite web|title=Initial Public Offering Filing|url=http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=3702790|website=NASDAQ|publisher=Cimpress Investor Relations|access-date=30 September 2005}}</ref>

In November 2014, the company changed its name from Vistaprint N.V. to Cimpress N.V. to clarify the distinction between the corporate entity and the company's portfolio of customer-facing brands.<ref>{{Cite web |date=2014-11-20 |title=Vistaprint Changes Name, Ticker to Cimpress (CMPR) (revised) |url=https://finance.yahoo.com/news/vistaprint-changes-name-ticker-cimpress-161100692.html |access-date=2024-08-02 |website=Yahoo Finance |language=en-US}}</ref><ref name="Annual Report 2015" />

=== Acquisitions === Cimpress has acquired several companies that specialize in online printing and mass customization.

In November 2011, Cimpress acquired Albumprinter which it later divested in 2017, a company based in Amsterdam, the Netherlands that produces photobooks and Webs, a company based in Silver Spring, Maryland, that enables users to create free websites.<ref name="Webs and Albumprinter Acquisition">{{cite news|last1=Brown|first1=Rodney|title=Vistaprint to acquire Webs.com for $118 million|url=http://www.bizjournals.com/boston/news/2011/12/19/vistaprint-to-acquire-webscom.html|publisher=American City Business Journals|date=9 December 2011}}</ref>

At the start of 2014, Cimpress announced it had acquired People & Print Group (renamed Printdeal as of January 1, 2015), an online printing company based in Deventer, Netherlands.<ref name="Vistaprint Acquires People & Print">{{cite news |date=19 February 2014 |title=Vistaprint to Acquire Dutch Firm - Analyst Blog |url=http://www.nasdaq.com/article/vistaprint-to-acquire-dutch-firm-analyst-blog-cm328076 |access-date=19 February 2014}}</ref> In April of the same year, the company acquired Pixartprinting, an online printing company based in Quarto d'Altino, Italy.<ref name="Vistaprint Acquires Pixartprinting">{{cite news |last1=Nias |first1=Simon |title=Vistaprint acquires Pixartprinting in €127m deal |url=http://www.printweek.com/print-week/news/1143232/vistaprint-acquires-pixartprinting-eur127m-deal |url-status=dead |archive-url=https://web.archive.org/web/20170701031306/http://www.printweek.com/print-week/news/1143232/vistaprint-acquires-pixartprinting-eur127m-deal |archive-date=1 July 2017 |access-date=3 April 2014}}</ref> Later that year in October 2014, Vistaprint acquired a $25 million minority position in Brazilian web-printing startup Printi.<ref>{{Cite web |last=Mac |first=Ryan |title=American Investors Find Brazilian Comfort In Exit From Printing Startup Printi |url=https://www.forbes.com/sites/ryanmac/2014/10/06/american-investors-find-brazilian-comfort-with-acquisition-of-printing-startup-printi/ |access-date=2024-06-25 |website=Forbes |language=en}}</ref> In 2020, the company acquired a majority stake.{{Needs citation|date=June 2024}}

In December 2016, Cimpress acquired National Pen, a marketer and manufacturer of custom writing instruments.<ref>{{Cite web |title=Cimpress to Acquire National Pen |url=https://www.inkworldmagazine.com/contents/view_breaking-news/2016-12-12/cimpress-to-acquire-national-pen/ |access-date=2024-06-25 |website=Ink World}}</ref>

Four years later, in 2018, Cimpress acquired BuildASign, an online printing company based in Austin, Texas for $280 million.<ref>{{Cite web |last=Ali |first=Fareeha |date=2018-09-25 |title=Cimpress acquires online-only retailer BuildASign |url=https://www.digitalcommerce360.com/2018/09/25/cimpress-acquires-online-only-retailer-buildasign/ |access-date=2024-08-02 |website=Digital Commerce 360 |language=en-US}}</ref> BuildASign will keep its company name as well as its website.<ref>{{Cite web|url=https://www.bizjournals.com/boston/news/2018/09/26/vistaprint-owner-acquires-buildasign-for-280m.html|title=Vistaprint owner acquires BuildASign for $280M|last=Cronin|first=Mike|website=www.bizjournals.com|access-date=2019-02-22}}</ref> That same year, the company also purchased a majority stake in VIDA & Co., a San Francisco-based company that provides on-demand apparel, accessories, and home decor products.<ref>{{Cite web |last=Central |first=A. S. I. |date=2018-08-29 |title=Cimpress Makes Majority Equity Investment in VIDA & Co. |url=https://www.asicentral.ca/news/newsletters/promogram/august-2018/cimpress-makes-majority-equity-investment-in-vida-co/ |access-date=2024-06-25 |website=www.asicentral.ca |language=en}}</ref>

== Manufacturing == Cimpress businesses have manufacturing facilities in North America, South America, Asia, Europe and Australia.<ref name="Annual Report 2015" /> In 2016, the company opened its first US manufacturing plant in Reno, Nevada.<ref>{{cite news|last1=Sally|first1=Roberts|title=Cimpress, mass-customization printing company, is coming to Reno|url=http://www.nnbw.com/news/mass-customization-printing-company-cimpress-is-coming-to-reno/|access-date=10 January 2017|publisher=Northern Nevada Business Weekly|date=7 November 2016|archive-date=25 September 2020|archive-url=https://web.archive.org/web/20200925062702/https://www.nnbw.com/news/mass-customization-printing-company-cimpress-is-coming-to-reno/|url-status=dead}}</ref>

== References == {{Reflist}}

==External links== * {{Official website|https://cimpress.com/}}

Category:Companies listed on the Nasdaq Category:Marketing companies established in 1995 Category:2005 initial public offerings