Bowne to Acquire Vestcom Division for $30 Million

Bowne & Co. Inc will acquire the marketing and business communications (MBC) division of Vestcom International Inc for $30 million.

The division will be integrated with Bowne Enterprise Solutions, and the combined entity will operate under the name Bowne Marketing and Business Communications (BMBC).

“This acquisition significantly expands our distributive digital print capabilities to provide our clients with even more flexibility to meet their customers’ needs,” said David Shea, president/CEO of Bowne in a statement. The transaction is expected to close in early 2006.