Court Approves Cenveo’s Acquisition of National Envelope
STAMFORD, CT—September 11, 2013—Cenveo is pleased to announce the U.S. Bankruptcy Court for the District of Delaware approved the sale of National Envelope’s assets. In conjunction with Hilco Receivables (acquiring substantially all the accounts receivable) and Southern Paper (purchasing the inventory), Cenveo will acquire substantially all of the assets of National Envelope.
The parties expect the sale to formally close on Monday, September 16, 2013.
About Cenveo
Cenveo (NYSE: CVO), headquartered in Stamford, CT, is a leading global provider of print and related resources, offering solutions in the areas of custom labels, specialty packaging, envelopes, commercial print, content management and publisher solutions. The company provides a one-stop offering through services ranging from design and content management to fulfillment and distribution. With a worldwide distribution platform, we pride ourselves on delivering quality solutions and service every day for our more than 100,000 customers.
About National Envelope
National Envelope is the largest privately-held manufacturer of envelopes in North America. The company is an environmental leader in the paper and envelope converting industries with certifications from the Forest Stewardship Council (FSC), Rainforest Alliance, Sustainable Forestry Initiative (SFI), Programme for the Endorsement of Forest Certification (PEFC) and Green Seal. The organization is also an EPA Green Power Partner.
Source: Cenveo.
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