Vertis Sells Prepress Packaging to SGS, Bolsters Inkjet
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BALTIMORE—Vertis Holdings and SGS International announced an agreement under which SGS will augment its design-to-print packaging solutions with the purchase of additional prepress packaging equipment, data files and certain related assets from Vertis.
Proceeds from the sale of these assets will allow Vertis to strengthen its overall liquidity position and further invest in its core direct marketing, advertising inserts and wide-format businesses. Vertis expects to immediately invest in a new EFI GS VUTEk 5000 inkjet printer, which will expand its wide-format capacity to better meet clients’ growing demand for these products, as well as new HP and Kodak inkjet heads for its direct marketing business.
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