Walstead Group Limited, headquartered in London, is the largest commercial web offset printing business in Europe with annual revenues of approximately €700 million. Founded in 2008, Walstead has completed 10 acquisitions. It operates four territory-based divisions (Walstead United Kingdom, Walstead Iberia, Walstead Leykam, and Walstead Central Europe) which combined employ 3,500 staff at 15 print manufacturing sites in the UK, Spain, Austria, Czech Republic, Slovenia, and Poland. Walstead operates 65 web offset presses and 4 gravure presses processing over 900,000 tonnes of paper annually. The group specialises in printing high-volume advertising flyers and leaflets for major European retailers; and magazines, catalogues, supplements and brochures for publishers and brand owners. The group also provides pre-media digital services through its Rhapsody division which has offices in London, Warsaw and Madrid.