Cenveo Graphic Arts Center

APPLETON, WI—With her career at Banta Corp. ended by RR Donnelley’s acquisition, former CEO Stephanie Streeter is now focusing her attention on...the 2016 Olympics? The former Stanford women’s basketball standout, speaking Tuesday at a CEO breakfast sponsored by an area college, said that she is a member of the evaluation committee for the 2016 summer games, according to the Oshkosh (WI) Northwestern. The International Olympic Committee (IOC) will conduct site evaluation visits in Los Angeles and Chicago over the next two weeks, according to the paper, with a final selection slated for April 14. Streeter, who expressed a desire to run another large company, spoke of

STAMFORD, CT—Cenveo has dipped its feet in the acquisition pond again, obtaining Printegra Corp. of Peachtree City, GA, from Huron Capital Partners for an undisclosed amount of cash. Printegra has two divisions, National Imprint and Synergy Label, with 14 manufacturing facilities across the country. The company, which specializes in short run printing, posts annual sales of roughly $90 million. It produces labels, business forms, envelopes and security documents, among other products. “This strategic acquisition immediately establishes Cenveo as the leader in the growing market for short run and highly customized printed products,” Bob Burton, Cenveo chairman and CEO, said in a release. “The combination of these

WASHINGTON, DC—Citing what it terms “deep cuts in healthcare benefits and worker protections” for Cenveo employees, Teamster workers in five major U.S. cities leafleted a number of the printer’s major retail accounts.The union distributed leaflets to retail customers of Blue Tulip, Starbucks and Ann Taylor, condemning alleged mistreatment of Cenveo employees. Teamster members handed out…

WASHINGTON, DC—01/29/07—Teamster workers in Philadelphia, Boston, New York, St. Louis, Los Angeles and other cities leafleted Blue Tulip, Starbucks and Ann Taylor this weekend, calling on the gift and greeting card purveyor, coffee giant and the fashion retailer to support them in their fight for fair treatment from Cenveo, Inc.  Blue Tulip, Starbucks and Ann Taylor are high-profile clients of Cenveo, one of the largest commercial printers in the world. Cenveo, under new management headed by Chief Executive Robert Burton, has demanded deep cuts in health care benefits and worker protections. Burton has already slashed about 2,000 jobs and closed six Cenveo operations since his

STAMFORD, CT—It was almost too easy. After a trio of proxy and near-proxy battles over the past two years, Bob Burton found himself negotiating peacefully around the holiday season. The result for the chairman and CEO of Cenveo was an agreement to purchase Cadmus Communications of Richmond, VA, for $24.75 per share, or $430 million. The transaction has been approved by both companies’ board of directors and, pending approval of Cadmus’ shareholders, is expected to close in the first quarter. 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

JUST WHEN you thought the landscape had stabilized following the 11th hour acquisition of Banta by RR Donnelley in October for $1.3 billion—thwarting a hostile takeover attempt by Cenveo kingpin Bob Burton to wrest control of Banta—a subsequent flurry of blockbuster M&A deals has sent shockwaves throughout the graphic arts industry. 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

STAMFORD, CT—It was almost too easy. After a trio of proxy and near-proxy battles over the past two years, Bob Burton found himself peacefully negotiating around the holiday season. The result for the chairman and CEO of Cenveo was a negotiated agreement to purchase Cadmus Communications, of Richmond, VA, for $24.75 per share, or $430 million. The transaction has been approved by the boards of directors for both companies and, pending approval of Cadmus’ shareholders, is expected to close in the first quarter. The deal effectively makes Cenveo the third-largest printer in North America, behind RR Donnelley and Quebecor World. “Cadmus’ operations are a perfect complement

THE 2006 printing industry campaign provided more than enough ‘oohs’ and ‘aahs’ to keep followers on the edge of their seats, including a summer blockbuster takeover attempt of Banta Corp. by Bob Burton and Cenveo Inc. And the subject of postal reform, which has festered for years without a resolution, appeared on the brink of falling to pieces at the last minute. The M&A train seemed to pick up speed in 2006, though some parties managed to botch the due diligence aspect and instead land in court. Reorganization was in the air (unfortunately, so were job losses) and some of the biggest names in

AS WE finish compiling the annual Printing Impressions 400 ranking—now in its 23rd year—it’s a good time to reflect on major events that helped shape our industry during the past 12 months. A fiction writer would have been hard-pressed to develop a plot line with more drama, intrigue and folly than what played out in 2006 at some of the printing industry’s largest publicly held establishments. Front and center, of course, was the unsolicited, and cantankerous, takeover attempt of Banta by hard-charging Cenveo Chairman and CEO Bob Burton. After several volleys back and forth between Burton and Banta Chairman, President and CEO Stephanie Streeter,

MENASHA, WI—When the clock ticked down to the October 31 deadline imposed by Cenveo Chairman and CEO Bob Burton for Banta Corp. to accept Burton’s “best and final” $50 per share offer to purchase Banta, a second suitor stepped out of the shadows and snatched up the publication printing and supply chain specialist—RR Donnelley (RRD). Donnelley will shell out $1.3 billion, or $36.50 per share after the $16 special dividend previously declared by Banta. It represents $2.50 more per share than the $34 post-dividend offer made by Cenveo. The deal, announced October 31, is subject to approval by the respective board of directors for each