Mergers & Acquisitions

In recent times, there have been far more reports of U.S. printing facility closures than of new plant openings, including the sudden shutdown of Henrico, Virginia-based Colortree on June 3, 2019, which displaced approximately 240 workers...

Domtar Corporation has entered into an asset purchase agreement with Appvion Operations Inc. to acquire Appvion’s point-of-sale (POS) paper business. The agreement includes the coater and related equipment located only at the West Carrollton, Ohio, facility as well as a license for all corresponding intellectual property...

Representatives from Continental Plastic Card and Biz-Mag announced this week that the two companies have merged, resulting in Continental BizMag. Biz-Mag, specializing in high-quality magnet printing, was originally acquired by Continental Plastic Card in April 2019, but...

Billionaire activist investor Carl Icahn and Xerox Vice Chairman and CEO John Visentin are taking their case directly to HP shareholders to gain the support for Xerox’s $33.5B acquisition offer for HP....

HP’s board rejected Xerox’s offer and, now, Xerox told HP that it will engage directly with HP shareholders for their merger approval...

Verso Corp. has entered into a definitive agreement to sell its Androscoggin mill, located in Jay, Maine, and its Stevens Point mill, located in Stevens Point, Wis., to Pixelle Specialty Solutions LLC for $400 million, subject to post-closing adjustments...

Edwards Garment, Kalamazoo, Mich., announced that it has acquired Bishop Custom Clothing. "The acquisition of Bishop Custom Clothing is strategic for both of us," Gary Schultz, president and CEO of Edwards...

Early Nov. 6 the Wall Street Journal (WSJ) broke a story that Xerox is mulling over a reported $33 billion (according to Nov. 8 news reports, HP has now confirmed that an offer was made) cash-and-stock offer to acquire HP Inc., a Palo Alto, California-based, fellow iconic-named company with a market value more than three times its own...

DFI – Solutions in Print, a Top 50 distributor based in Davenport, Iowa, has acquired Performance Group Inc., a leading print supply chain management company located in Omaha, Neb. “After 24 years at the helm, it was time...

Genumark, Toronto, announced that it has acquired Rightsleeve to strengthen its position in the Canadian branded merchandise market. "Although both companies are based in Toronto, there is virtually no overlap in client accounts," said Mark Freed, president and CEO of...