POD power

Grafica Veneta has acquired British companies CPI Books and CPI Antony Rowe. The acquisition via parent company SoFiGraf’s GV Group, nearly doubles its revenue and strengthens its position as one of Europe’s largest book printers. Carlo Carrenho continues at his Publishing Perspectives post, “The acquired companies generate approximately €150 million ($168 million) annually and produce more than 100 million books. . . The acquisition of CPI Antony Rowe is particularly significant, as the British printer already offers single-copy POD with fulfillment and competes directly with Lightning Source in the U.K. Until now, Grafica Veneta lacked this capability, despite its digital printing operations. . . With further acquisitions expected, the group’s expansion into this segment could reshape competition in the international book printing market.” Chairman Fabio Franceschi, Chairman of GV, is quoted as expecting the print-on-demand segment of the market to expand as traditional print runs…