Cenveo Acquires Gilbreth Packaging Solutions
STAMFORD, Conn.—Cenveo, Inc. announced that through its subsidiaries, the company has acquired Impaxx, Inc., the sole owner of Gilbreth Packaging Solutions, Inc., from affiliates of Aurora Capital Group, a Los Angeles private equity firm.
Gilbreth operates a state of the art facility located in Croydon, Pa. and has approximately 75 employees. Gilbreth uses multiple printing technologies as a full-service manufacturer and marketer of full body shrink sleeves (FBSS), tamper evident neck bands and medical and electronic tubing. Gilbreth is a pioneer in the FBSS industry and leverages its expertise by serving more than 150 customers in a wide variety of industries, with an emphasis on the personal care, pharmaceutical, nutraceutical, energy drink and food and beverage markets. Gilbreth’s major customer base includes a number of blue-chip consumer product companies. The terms of the transaction were not disclosed.