Under a merger implementation agreement McPherson’s proposes to demerge its Print Division, which would then merge with the unlisted Opus Group to create a listed Opus Group, comprising approximately 30 percent McPherson’s and 70 percent Opus equity.
The merger is subject to the proposed demerger of McPhersons Limited being approved by shareholders, regulatory and other approvals. Opus Group CEO Cliff Brigstocke said the Opus Group merger with McPherson’s Print Division will create a seamless content delivery capability across Australia, New Zealand and South East Asia.
“The merger creates a transformational change for both businesses bringing together scale, the latest technology and innovation in the rapidly evolving information content, process and delivery sector”, Mr Brigstocke said. The merged business offers significant local scale with global connections. Opus is part of the recently announced Content Delivery Alliance that includes world-leading companies such as The Sheridan Group in North America, MPG Books Group and Hobbs the Printers in Europe and the UK, and the Hung Hing Group in China.
“This is about bringing two strong businesses together and accelerating our transformation for clients with network efficiencies, digital services and new business services offerings,” said Mr Brigstocke.
McPherson’s, with plants in Maryborough and Melbourne, brings a significant capability to the Opus Group’s industry-leading businesses in Sydney, Canberra, Auckland and Singapore.
Opus Group
www.opusgroup.co
“The merger creates a transformational change for both businesses bringing together scale, the latest technology and innovation in the rapidly evolving information content, process and delivery sector”, Mr Brigstocke said. The merged business offers significant local scale with global connections. Opus is part of the recently announced Content Delivery Alliance that includes world-leading companies such as The Sheridan Group in North America, MPG Books Group and Hobbs the Printers in Europe and the UK, and the Hung Hing Group in China.
“This is about bringing two strong businesses together and accelerating our transformation for clients with network efficiencies, digital services and new business services offerings,” said Mr Brigstocke.
McPherson’s, with plants in Maryborough and Melbourne, brings a significant capability to the Opus Group’s industry-leading businesses in Sydney, Canberra, Auckland and Singapore.
Opus Group
www.opusgroup.co
