M&F Worldwide
M&F Worldwide Corp. (NYSE: MFW), formerly Power Control Technologies, Inc., was incorporated in Delaware on June 1, 1988[2] 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 merged Abex, Inc., an aircraft control system & hydraulic pump manufacturer, 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.[3]
Subsidiaries
- 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
- 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 [5]
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 [5]
References
- ^ a b "New Brand in Financial Services Brings Industry's Most Expansive Lineup of Checks and Payment Products to its Clients". Harland Clarke Press Releases. http://www.harlandclarke.com/media/press/current/u5. Retrieved 2008-05-21.
- ^ (text) 10-K ANNUAL REPORT. SEC. 1997-12-31. pp. 1. http://www.sec.gov/Archives/edgar/data/945235/0000950136-98-000569.txt. Retrieved 2008-05-21.
- ^ "M & F Worldwide Corp. -- Company History". Funding Universe Company Histories. http://www.fundinguniverse.com/company-histories/M-amp;-F-Worldwide-Corp-Company-History.html. Retrieved 2008-05-28.
- ^ FORM 10-K ANNUAL REPORT. secinfo.com. 2007-12-31. http://www.secinfo.com/dsvrn.t1Z9.htm. Retrieved 2008-05-20.
- ^ a b Form 10-K Annual Report EX-21.1 SUBSIDIARIES. SEC. 2007-12-31. pp. 1. http://www.sec.gov/Archives/edgar/data/945235/000095013608001030/file6.htm. Retrieved 2008-05-20.