Vertis Sells Prepress Packaging to SGS, Bolsters Inkjet

Vertis had previously announced its intention to exit the prepress packaging business in order to focus on growing its core businesses.

“Vertis exceeded our consolidated year-to-date EBITDA projections by more than 60 percent as of July 31, driven by a series of successful operational advancements and increased client volumes,” said Gerald Sokol Jr., CEO of Vertis. “Building on these achievements and bolstered by the additional liquidity infusion we received as a result of our decision to exit our prepress packaging business, we continue to take steps to position our businesses for ongoing growth and success. We thank our prepress packaging employees and clients for their loyalty and wish them well in their future endeavors.”