Cinram International Income Fund (fka CRWFF)

[SHEEPWOLF]

$CRWFF: Company Description
Contact Info
2255 Markham Road

Toronto, ON M1B 2W3

Canada

Phone: [phone]

Fax: [phone]
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Cinram International Income Fund, through its subsidiary, Cinram International, Inc., provides pre-recorded multimedia products and related logistics services in North America and Europe. With facilities in North America and Europe, the company manufactures DVDs, Blu-ray discs and CDs. The company provides distribution services for motion picture studios, music labels, video game publishers, computer software companies, telecommunication companies and retailers worldwide. The company operates 23 major facilities that span approximately 13 million square feet. It has the capacity to manufacture approximately 2.3 billion DVDs and approximately 800 million CDs per year to service seasonal peaks in demand. The company manufactures on firm orders from its customers, pursuant to multi-year contracts ranging from two to six years. Segments The company operates five segments: Home Video, CD, Video Game, Printing and Other. The Home Video segment consists of the replication, packaging and distribution of DVDs and Blu-ray discs, including new releases and catalog titles, for the home entertainment divisions of motion picture studios. The CD segment consists primarily of the replication, packaging and distribution of audio CDs and CD-ROMs for record labels, publishers and software companies. The Video Game segment includes revenues from Ditan Distribution LLC (Ditan), which the company acquired in 2007, primarily for the distribution of video games. The Printing segment manufactures packaging components principally for the home entertainment, CD and video games industries, including the artwork that is inserted into DVD, CD and video game packaging, custom box sets and point-of-purchase merchandise displays, primarily through its wholly-owned subsidiary, Ivy Hill Corporation. The Other segment includes logistics services for its telecommunications customer (Motorola) as well as Vision Worldwide Management (Vision), the North American and European assets of which the company acquired in September 2007. Significant Events The company, in May 2008, completed the sale of Giant Merchandising's assets connected with its retail license business to a division of Li and Fung. Cinram completed a share sale of Giant's subsidiary in Mexico to Mias Fashion Manufacturing Company Inc. The company, in September 2007, acquired the North American and European assets of Vision, a provider of outsourced Vendor Managed Inventory (VMI) services to the home entertainment industry. Vision offers demand planning software solutions that derive perpetual inventory levels, model stocking, provide category-wide forecasting, product mix analysis and recommendations, replenishment, store and product performance reporting as well as other analytical information. The company, in April 2007, acquired all of the assets of Ditan, a video games distributor in the United States. Ditan specializes in direct-to-store and third-party logistics. History Cinram International Income Fund was founded in 1969.
http://www.bloomberg.com/research/stocks/snapshot/snapshot_article.asp?ticker=CRWFF
http://www.cinramgroup.com/
http://www.homemediamagazine.com/replicators/cinram-completes-jvc-acquisition-moves-replication-biz-us-33450