Recessions are economic shake-down periods, and this last one shook us to the core. During these periods, weak companies disappear and many strong companies become stronger. For the bulk of the companies in between, different opportunities arise to improve a company for the longer term, including M&A. In these cases, both acquiring and acquired companies go into the transaction to do what's best for their particular company. This can be seen in a statement by Donnie Thompson, former president of Interfilm: "Transilwrap is a highly respected leader in the industry. This acquisition will provide valuable resources allowing Interfilm and Brushfoil to expand their market reach and offer customers increased converting services and more diverse product lines."
- Places:
- Spring Garden Street