’Tis the Season for Serious Dealmaking —Michelson
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Who would have guessed that North America’s largest printer, RR Donnelley, would extend its reach even further by then swallowing up venerable entities Perry Judd’s for $176 million and Von Hoffmann for $412.5 million, both in all-cash transactions? Or that Cenveo’s Burton would remain undaunted about the big fish (Banta) that got away and subsequently reel in Cadmus Communications for $430 million in late December, thus making Cenveo North America’s third largest printer? So many large printing companies are now in the midst of changing hands during these first three months of the year, Q1 2007 will go down in industry history as the “Quarter of the Close.”
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