M & F Worldwide
Encyclopedia
M&F Worldwide Corp. formerly Power Control Technologies, Inc., was incorporated in Delaware
Delaware
Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...

 on June 1, 1988 and is a NYSE listed public holding company that is a part of the Ronald O. Perelman
Ronald Perelman
Ronald Owen Perelman is an American business magnate. Through his company MacAndrews & Forbes Holdings Inc., he has invested in various companies in grocery, cigar, licorice, makeup, car, photography, television, camping, security, lottery, jewelry, banks, and comic book industries.-Early...

 group of companies being partially owned by MacAndrews & Forbes Holdings
MacAndrews & Forbes Holdings
MacAndrews & Forbes Holdings, Inc. is the principal holding company used by and wholly owned by businessman and private equity investor, Ronald Perelman...

 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
Panavision
Panavision is an American motion picture equipment company specializing in cameras and lenses, based in Woodland Hills, California. Formed by Robert Gottschalk as a small partnership to create anamorphic projection lenses during the widescreen boom in the 1950s, Panavision expanded its product...

 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.
M&F Worldwide Corp. , formerly Power Control Technologies, Inc., was incorporated in Delaware
Delaware
Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...

 on June 1, 1988 and is a NYSE listed public holding company that is a part of the Ronald O. Perelman
Ronald Perelman
Ronald Owen Perelman is an American business magnate. Through his company MacAndrews & Forbes Holdings Inc., he has invested in various companies in grocery, cigar, licorice, makeup, car, photography, television, camping, security, lottery, jewelry, banks, and comic book industries.-Early...

 group of companies being partially owned by MacAndrews & Forbes Holdings
MacAndrews & Forbes Holdings
MacAndrews & Forbes Holdings, Inc. is the principal holding company used by and wholly owned by businessman and private equity investor, Ronald Perelman...

 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
Panavision
Panavision is an American motion picture equipment company specializing in cameras and lenses, based in Woodland Hills, California. Formed by Robert Gottschalk as a small partnership to create anamorphic projection lenses during the widescreen boom in the 1950s, Panavision expanded its product...

 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.
M&F Worldwide Corp. , formerly Power Control Technologies, Inc., was incorporated in Delaware
Delaware
Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...

 on June 1, 1988 and is a NYSE listed public holding company that is a part of the Ronald O. Perelman
Ronald Perelman
Ronald Owen Perelman is an American business magnate. Through his company MacAndrews & Forbes Holdings Inc., he has invested in various companies in grocery, cigar, licorice, makeup, car, photography, television, camping, security, lottery, jewelry, banks, and comic book industries.-Early...

 group of companies being partially owned by MacAndrews & Forbes Holdings
MacAndrews & Forbes Holdings
MacAndrews & Forbes Holdings, Inc. is the principal holding company used by and wholly owned by businessman and private equity investor, Ronald Perelman...

 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
Panavision
Panavision is an American motion picture equipment company specializing in cameras and lenses, based in Woodland Hills, California. Formed by Robert Gottschalk as a small partnership to create anamorphic projection lenses during the widescreen boom in the 1950s, Panavision expanded its product...

 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.

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
      • Scantron
        Scantron
        Scantron is an American company based in Eagan, Minnesota, that manufactures and sells machine-readable papers on which students mark answers to academic multiple-choice test questions. To analyze those answers, the machines use image-based data collection software and scanners...

         Corporation (Delaware)
        • Data Management I LLC

  • 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

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
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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