M&F Worldwide

M&F Worldwide Corp. is a privately held holding company based in New York City. It was incorporated in Delaware on June 1, 1988.[2] Formerly Power Control Technologies, Inc., the company was previously a New York Stock Exchange listed public holding company (MFW) that became part of the Ronald O. Perelman group of companies. It was acquired by private company MacAndrews & Forbes in 2011.[3]

M & F Worldwide
Subsidiary
Industryholding company
FoundedJune 1, 1988
Headquarters
New York, New York
,
USA
Key people
Barry F. Schwartz, CEO
Ronald O. Perelman
Productschecks, licorice products
Servicesdirect marketing, contact center
ParentMacAndrews & Forbes
SubsidiariesHarland Clarke Holdings Corp.[1]
Mafco

History

Mafco Holdings acquired Abex, Inc., an aircraft control system & hydraulic pump manufacturer, and then merged it into a Mafco subsidiary in 1995 while the aerospace subsidiary, Power Control Technologies Inc., which became publicly traded. Powers Control then acquired in 1996 Flavors Holdings Inc. for $180 million included the licorice business subsidiary, Mafco Worldwide Corp which manufactures more than 70% of the worldwide liquorice flavours.

An Abex, Inc. subsidiary, Pneumo Abex Inc., merged through multiple transactions with Mafco Worldwide. Power Control Technologies was renamed M & F Worldwide in 1997. In 2000, Perelman proposed that Mafco Holdings' major share in Panavision Inc. be sold to M & F Worldwide at Mafco Holdings' purchase price but was block by an M & F shareholder as the stock was trading at only 23% of that value.[4]

In July 2013, the firm’s main subsidiary, Harland Clarke, agreed to sell Harland Financial Solutions to Davis & Henderson for $1.2 billion.[5]

Subsidiaries
Name (state of Incorporation)
  • Harland Clarke Holdings Corp. (Delaware) -formerly CA Acquisition Holdings Inc. &
    • Harland Clarke Corp. (Delaware)
        • Checks in the Mail, Inc. (Delaware)
        • John H. Harland Company of Decatur (Georgia)
    • Harland Financial Solutions (Oregon)
    • HFS Scantron Holdings Corp. (New York)
    • Valassis
    • RetailMeNot
  • Flavors Holdings Inc. (Delaware)
    • Mafco Worldwide Corp. (Delaware)
    • Mafco Shanghai Corp. (Delaware)
    • Pneumo Abex LLC (Delaware)
    • Pneumo Abex Lessee Corp. (Delaware)
    • Merisant Corp.
  • PCT International Holdings Inc. (Delaware)
  • EVD Holdings Inc. (Delaware)
  • Concord Pacific Corp. (Maine)
  • Centralia Holdings Corp. (Georgia)[7]

Foreign

Name of Subsidiary (Jurisdiction)

  • EVD Holdings S.A. (France)
  • Extraits Vegetaux Et Derives, S.A. (France)
  • Wei Feng Enterprises Ltd. (British Virgin Islands)
  • Xianyang Concord Natural Products Co. Ltd. (People’s Republic of China)
  • Zhangjiagang Free Trade Zone MAFCO Liantai Biotech Co., Ltd. (People’s Republic of China)
  • Mafco Weihai Green Industry of Science and Technology Co. Ltd. (40% owned) (People’s Republic of China)
  • Scantron Canada, Ltd. (Canada)
  • Harland Israel Ltd. (Israel)
  • Harland Financial Solutions Worldwide Limited (Ireland) [7]
gollark: You should also use osmarksmalloc™, as it's HIGHLY fast since it doesn't have to actually bother with maintaining records to deallocate anything.
gollark: `dale` isn't a daemon or anything, and won't run for very long, so it's more performant to just leak memory and leave it to the OS.
gollark: I think I made it segfault a few times.
gollark: It actually exposed tons of bugs in a CC emulator.
gollark: As you can see, potatOS works as a fuzzer for all adjacent software.

References
  1. "New Brand in Financial Services Brings Industry's Most Expansive Lineup of Checks and Payment Products to its Clients". Harland Clarke Press Releases. Retrieved 2008-05-21.
  2. M & F WORLDWIDE CORP (1997-12-31). "10-K ANNUAL REPORT" (text). SEC: 1. Retrieved 2008-05-21. Cite journal requires |journal= (help)
  3. "M & F Worldwide Announces Completion of Acquisition by MacAndrews & Forbes Holdings Inc". Retrieved 16 April 2015.
  4. "M & F Worldwide Corp. -- Company History". Funding Universe Company Histories. Retrieved 2008-05-28.
  5. Euan Rocha (23 July 2013). "Davis + Henderson to buy Harland Financial for $1.2 billion". Reuters.
  6. M & F WORLDWIDE CORP. (2007-12-31). "FORM 10-K ANNUAL REPORT". secinfo.com. Retrieved 2008-05-20. Cite journal requires |journal= (help)
  7. "Form 10-K Annual Report EX-21.1 SUBSIDIARIES". SEC. 2007-12-31: 1. Retrieved 2008-05-20. Cite journal requires |journal= (help)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.