Valassis Communications, Inc. is a Livonia, Michigan-based company that provides media and marketing services in the United States, Europe, Mexico, and Canada. It is one of the largest coupon distributors/processors in the world. Since 2020, Valassis has been unified under parent corporation, Vericast.
Valassis companies include Valassis Digital, Valassis Direct Mail, Inc., Valassis Canada, Promotion Watch and NCH Marketing Services, Inc. It has approximately 7,000 employees in 28 states and nine countries.
Valassis has relationships with more than 15,000 advertisers worldwide in various industries, including automotive, consumer electronics, consumer packaged goods, financial services, franchise food, grocery, specialty retail, and telecommunications.
In February 2014, Harland Clarke Holdings, a subsidiary of M&F Worldwide, completed purchase of Valassis for about $1.8 billion. Before this, Valassis had been a publicly traded corporation.
History
Valassis was started by George Valassis in 1970 and it purchased its first printing press in 1971. In 1986 it was acquired by Consolidated Press Holdings (CPH) of Sydney, Australia, owned by Kerry Packer. In 1992 CPH took the company public on the New York Stock Exchange