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August
2001 |
| Bowne
& Co. completes acquisition of Mendez S.A.
August 30, 2001
--Bowne & Co. completes acquisition of Mendez S.A.
Bowne Global Solutions and Mendez combined form market-leading
provider of
globalisation services and technology
Dublin, August 30, 2001 -- Bowne & Co, Inc. (NYSE: BNE) today
announced it has finalised the acquisition of Mendez S.A. (Mendez)
from Lernout & Hauspie (L&H). Merrill Lynch,
PriceWaterhouseCoopers, Simpson Thacher & Barlett and
Freshfields Bruckhaus Deringer advised Bowne on the transaction.
Mendez will be integrated into the Bowne Global Solutions (BGS)
division, effectively creating the leading enterprise in the
globalisation and localisation industry with 2001 annual revenues
for the combined entity of approximately $150 million. By adding
Mendez' machine translation technology, technical writing and
translation services to its portfolio of globalisation solutions,
BGS offers the most complete range of technology-enabled
globalisation and localisation services in the market.
The acquisition establishes a major professional resource in the
industry with approximately 1,600 employees and production
facilities in every key market in the world. |
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