Vistaprint Completes Acquisition of Albumprinter

Vistaprint N.V., a leading online provider of professional marketing products and services to micro businesses and the home, announced it has completed its acquisition of Albumprinter, a privately held Dutch photo book and photo product company.

The purchase price was EUR 60 million, with an agreement to pay up to an additional EUR 5 million based on a performance based earn-out. The final purchase price is subject to customary, post-closing balance sheet adjustments.