Auburn Hills, Mich. (ots-PRNewswire) - MSX International, Inc.
today announced that it has acquired Satiz S.p.A., a subsidiary of
Fiat, S.p.A. The company, headquartered in Turin, Italy, specializes
in magazine and technical publishing including translation services,
graphics, document systems, warehouse and distribution services, and
events. The company was founded in 1934 and became the publishing
center for the Fiat Group in 1994, which retains a minority interest.
It employs over 500 people with annual revenues over $120 million
(240 billion lira).
"This acquisition gives MSX International a platform for its
technical publishing business services in Italy, and it further
expands our capabilities elsewhere in Europe," said Bill Billig,
chairman and chief executive officer of MSX International.
The services provided by Satiz are complementary in scope to
several MSX International business units. MSX International's
Business, Technology and Staffing Services Division delivers a
complete range of publishing, staffing and other technology-based
business services to customers globally. This includes global
sourcing for technical staffing requirements, enhanced by MSX
International's recent investment in Quandoccorre S.r.l. and
Quandoccorre Interinale S.p.A., which are also based in Turin.
"Becoming part of a prestigious group such as MSX International is
evidence of our first-rate business success in recent years and our
commitment to build our business on a global basis," said Mr.
Quadrino, Managing Director of Satiz.
Complementary services between MSX International and Satiz
include: Internet and Intranet-enabled publishing and document
delivery services, training services, global supplier networking,
just-in-time document delivery to Europe, Asia and the Americas, and
technologies for improving customer satisfaction.
MSX International is a leading, global provider of
technology-driven engineering, business, and specialized staffing
services. MSX International's services enable customers to
significantly improve their business performance by adding value and
helping them to achieve a competitive advantage.
With annual sales exceeding $1 billion, MSX International employs
more than 12,000 professional staff and contract personnel at over 60
operating locations in 23 countries worldwide. MSX International
offers its customers a wide range of technology-driven services, both
on-site and off-site, including product engineering and manufacturing
engineering; contract and temporary staffing; training; purchasing
support; marketing support; electronic document and information
storage and retrieval; process improvement consulting; and web and
information technology services.
MSX International's headquarters is in Auburn Hills, Michigan.
Visit MSX International's Web site at http://www.msxi.com
International's news releases are also available at
This document contains statements that constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are not
guarantees of future performance and involve significant risks and
uncertainties. Actual results may vary materially from those in the
forward-looking statements as a result of any number of factors, many
of which are beyond the control of management. These important
factors are discussed in MSX International's filings with the
Securities and Exchange Commission.
ots Original Text Service: MSX International, Inc.
Media: Bruce Wagner, (USA) 248-844-4129, email@example.com
Financial: David Crittenden, (USA) 248-299-1077,
both of MSX International, Inc.; or
Italy: Maria Teresa Soldati of Satiz S.p.A, 39-011-6866592, or
Web site: http://www.msxi.com
Original-Content von: MSX International, Inc., übermittelt durch news aktuell