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Two veteran European companies in the world of on-demand printing, Printful and Printify, are merging to form a single company. The move aims to unlock greater economies of scale, efficiencies, and profitability. The merger will result in some team changes and a new management structure, while the existing brands will be maintained for the foreseeable future. The financial terms of the deal have not been disclosed. The merged company plans to expand into more markets and offer tailored and innovative solutions to a wide range of customers, from solo-entrepreneurs to Fortune 500 companies. Printful was founded in 2013 and has received $130 million in private equity funding, while Printify, founded in 2015, has raised over $54 million. The merger has received regulatory approval and overwhelming support from shareholders, paving the way for the combined entity to move forward.
