Cenveo Acquires Gilbreth Packaging Solutions
Robert G. Burton, Sr., Cenveo Chairman and Chief Executive Officer stated: “The acquisition of Gilbreth expands our specialty packaging into the growing shrink sleeve market. Gilbreth’s product line complements Cenveo’s existing offerings and will create immediate cross-selling opportunities for both companies’ customers. The acquisition of Gilbreth, with its strong market reputation and strategic niche product offerings, is another example of how we intend to continue to grow our company by acquiring leaders in high-growth sectors of the packaging industry. We expect this acquisition to be accretive to earnings and will be deleveraging to our balance sheet. I am pleased to welcome the Gilbreth team to the Cenveo family, while also looking forward to working with them as we continue to create the industry-leading platform.”