Business Management - M&A
Peter Schaefer discusses the acquisitions of Creel Printing and Trend Offset by industry consolidator Mittera; the state of M&A market.
A demand for books has led publishers to experience longer lead times and production delays as manufacturing capacity becomes strained.
On this episode of The Week that Was, Mittera acquired select business assets of Creel Printing; PRINTING United Alliance and Idealliance have officially merged; Fort Dearborn acquired Hammer Packaging; and Editor-in-Chief Mark Michelson talks with Sam Silverman of Marcum about the Paycheck Protection Program.
The combined organization takes advantage of Hammer’s state-of-the-art technology to enhance Fort Dearborn’s leadership position.
The 250,000-sq.-ft. sheetfed and web offset Creel facility in Las Vegas will close in the coming months, impacting nearly 300 workers.
The merger exemplifies the goal in providing the industry with exemplary programming, services, training, and certifications.
On this episode of The Week that Was, Phoenix Lithographing and ICS Corp to merge; RRD is expanding its operations in Sacramento, Calif.; and Editor in Chief Mark Michelson spoke with Jeff Ellington, CEO of Runbeck Election Services, about how it printed and mailed election ballots for the 2020 election.
Pixelle has signed a definitive agreement to acquire the carbonless rolls and security papers business of Appvion Operations.
They will benefit from ICS’s expertise in mailing and creative development, and Phoenix’s comprehensive print production knowledge.
Moore announced the acquisition of Worcester Envelope Company to expand its envelope manufacturing.