M & F Worldwide

M & F Worldwide

Infobox Company
name = M & F Worldwide

type = Public (nyse|MFW)
genre =
foundation = June 1, 1988
founder =
location_city = New York, New York
location_country = USA
location =
locations =
area_served =
key_people = Barry F. Schwartz, CEO
Ronald O. Perelman
industry = holding company
products = checks, licorice products
services = direct marketing, contact center
market c

revenue =
operating_income =
net_income =
assets =
equity =
owner =
num_employees =
parent = Mafco Holdings
divisions =
subsid = Harland Clarke Holdings Corp.cite web |url=http://www.harlandclarke.com/media/press/current/u5 |title=New Brand in Financial Services Brings Industry's Most Expansive Lineup of Checks and Payment Products to its Clients |accessdate=2008-05-21 |format=html |work=Harland Clarke Press Releases ]
Mafco
homepage = [http://www.mandfworldwide.com/ mandfworldwide.com]
footnotes =
intl =

M&F Worldwide Corp.(nyse|MFW), formerly Power Control Technologies, Inc., was incorporated in Delaware on June 1, 1988 [cite paper | last = | first = | author = M & F WORLDWIDE CORP | authorlink = | coauthors = | title = 10-K ANNUAL REPORT | version = | pages = 1 | publisher = SEC | date = 1997-12-31 | url = http://www.sec.gov/Archives/edgar/data/945235/0000950136-98-000569.txt | format = text | id = | accessdate = 2008-05-21 ] and is a NYSE listed public holding company that is a part of the Ronald O. Perelman group of companies being partially owned by MacAndrews & Forbes Holdings through Mafco Holdings.

History

Mafco Holdings acquired then merge Abex, Inc., an aircraft control system & hydraulic pump manufacurer, 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. A 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. [cite web |url=http://www.fundinguniverse.com/company-histories/M-amp;-F-Worldwide-Corp-Company-History.html |title=M & F Worldwide Corp. -- Company History |accessdate=2008-05-28 |format=html |work=Funding Universe Company Histories ]

ubsidiaries

;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 Puerto Rico (Georgia)
**Harland Financial Solutions (Oregon)
**HFS Scantron Holdings Corp. New York
***Scantron Corporation (Delaware)cite web |url=http://www.harlandclarke.com/media/press/current/u5 |title=New Brand in Financial Services Brings Industry's Most Expansive Lineup of Checks and Payment Products to its Clients |accessdate=2008-05-21 |format=html |work=Harland Clarke Press Releases ]
****Data Management I LLC [cite paper | last = | first = | author = M & F WORLDWIDE CORP. | authorlink = | coauthors = | title = FORM 10-K ANNUAL REPORT | version = | pages = | publisher = secinfo.com | date = 2007-12-31 | url =http://www.secinfo.com/dsvrn.t1Z9.htm | format = html | id = | accessdate = 2008-05-20]
*Flavors Holdings Inc. Delaware
**Mafco Worldwide Corporation Delaware
**Mafco Shanghai Corporation Delaware
**Pneumo Abex LLC Delaware
**Pneumo Abex Lessee Corp. Delaware
*PCT International Holdings Inc. Delaware
*EVD Holdings Inc. Delaware
*Concord Pacific Corporation Maine
*Centralia Holdings Corporation Georgia cite paper | last = | first = | author = | authorlink = | coauthors = | title = Form 10-K Annual Report EX-21.1 SUBSIDIARIES | version = | pages = 1 | publisher = SEC | date = 2007-12-31 | url = http://www.sec.gov/Archives/edgar/data/945235/000095013608001030/file6.htm
format = html | id = | accessdate =2008-05-20
]

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 cite paper | last = | first = | author = | authorlink = | coauthors = | title = Form 10-K Annual Report EX-21.1 SUBSIDIARIES | version = | pages = 1 | publisher = SEC | date = 2007-12-31 | url = http://www.sec.gov/Archives/edgar/data/945235/000095013608001030/file6.htm
format = html | id = | accessdate =2008-05-20
]

References


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