M&F Worldwide

M&F Worldwide Corp. is a privately held holding company based in New York City. It was incorporated in Delaware on June 1, 1988. Formerly Power Control Technologies, Inc., the company was previously a New York Stock Exchange listed public holding company (MFW) that became part of the Ronald O. Perelman group of companies. It was acquired by private company MacAndrews & Forbes in 2011.

History
Mafco Holdings acquired Abex, Inc., an aircraft control system & hydraulic pump manufacturer, and then merged it into a Mafco subsidiary in 1995 while the aerospace subsidiary, Power Control Technologies Inc., became publicly traded. Power Control then acquired Flavors Holdings Inc. in 1996 for $180 million, which included the licorice business subsidiary Mafco Worldwide Corp., which manufactures more than 70% of the worldwide licorice flavors.

An 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.

In July 2013, the firm's main subsidiary, Harland Clarke, agreed to sell Harland Financial Solutions to Davis & Henderson for $1.2 billion.

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 Decatur (Georgia)
 * Harland Financial Solutions (Oregon)
 * HFS Scantron Holdings Corp. (New York)
 * Scantron Corporation (Delaware)
 * Data Management I LLC
 * Valassis
 * RetailMeNot
 * Flavors Holdings Inc. (Delaware)
 * Mafco Worldwide Corp. (Delaware)
 * Mafco Shanghai Corp. (Delaware)
 * Pneumo Abex LLC (Delaware)
 * Pneumo Abex Lessee Corp. (Delaware)
 * Merisant Corp.
 * PCT International Holdings Inc. (Delaware)
 * EVD Holdings Inc. (Delaware)
 * Concord Pacific Corp. (Maine)
 * Centralia Holdings Corp. (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)