Undaunted Cenveo Lands Cadmus

The deal effectively makes Cenveo the third-largest printer in North America, behind RR Donnelley and Quebecor World.

“Cadmus’ operations are a perfect complement to Cenveo’s product line and will create immediate cross-selling opportunities for both companies’ customers,” Burton said in a release.

Cadmus, which has 3,300 employees and sales exceeding $451 million, is perhaps best noted for its production of scientific, technical and medical journals. Burton expects to generate $20 million in annualized cost savings in the first 12 months after closing, derived from the elimination of redundant costs and a reduction in procurement expenses.