MeadWestvaco to Sell Its Envelope Products Business to Cenveo
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The Envelope Products Group has approximately 910 employees in the United States and all are expected to transition to Cenveo. Labor agreements will remain in place at Envelope Products Group locations.
In other company news, Cenveo has acquired Impaxx Inc., the sole owner of Gilbreth Packaging Solutions (www.gilbrethusa.com), from affiliates of Aurora Capital Group, a Los Angeles private equity firm. Gilbreth operates a state of the art facility located in Croydon, PA, and has approximately 75 employees.
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