Mergers & Acquisitions
The Department of Justice has entered the fray for the survival of printed news.
The acquisition of Anocoil Corp. has been completed by Presstek LLC. The acquisition expands Presstek’s market reach, product line.
President of Vanguard Printing Steven Rossi has acquired Vanguard Printing together with Kappa Media. The new entity will continue to do business under the Vanguard name and will retain its employees and print facility in Ithaca, N.Y. "We are very excited to add the talented personnel and high-quality Vanguard service offerings to the expanding Kappa Media group of affiliated companies," notes Nicholas Karabots of Kappa Media.
As part of the Bobst Group’s strategy to expand its existing portfolio, it has entered into negotiations with WIFAG-Polytype Group.
The Specialty Films business of Dow Chemical is set to be acquired by Transilwrap. The acquisition will close by the end of Q2 2016.
Eric Rountree has purchased New London Communications from private equity firm Valesco Industries. He will remain at the helm as CEO.
we’ve seen a number of articles suggesting that last year’s boom in mergers and acquisitions may be running out of steam.
Based in West Des Moines, Iowa, Action Print has merged with Universal Printing, also of Des Moines.
One of Ennis Inc.'s subsidiaries has acquired the assets of Major Business Systems in Hillsborogh, N.C. "We are very pleased to add Major Business Systems ("Major") to the Ennis family," comments Keith Waters, chairman, CEO and president of Ennis Inc. "We think this will enhance our current product mix and allow us to pursue more expansive product lines in the integrated document market.”
In an effort to expand its footprint in the DC area, Konica Minolta Business Solutions U.S.A. has acquired Meridian Imaging Solutions.