Business Management - Finance/Financial
Just as the COVID-19 outbreak created financial uncertainty on Wall Street and on Main Street, it has also put a deep freeze on impending M&A mega-deals. The novel coronavirus has scuttled Xerox Holdings' $34.9 billion, $24 per share unsolicited, hostile takeover attempt of fellow printing industry icon HP Inc.
COVID-19's effect on the economy has been profound. How this all plays out will depend on the economy’s underlying health and the effectiveness of support. Drawing on the resources of federal, state, and local agencies is important — there’s no reason to go it alone. Here are some suggestions for printing companies.
Mesirow Financial acted as the exclusive financial advisor to Mac Papers in its sale to private investment firm Monomoy Capital Partners. Monomoy plans to invest significant capital into Mac Papers to facilitate and accelerate its continued growth.
During the recent TLMI Converter Meeting, the four Eugene Singer Award-winning companies were revealed, with winners representing small, mid-range, medium, and large company categories. The Singer Awards are provided to companies that demonstrate business management excellence as defined by established growth and profitability ratios via the TLMI Management Ratio Study.
The annual Top 25 Hot Markets for Printing report has been released, revealing positive projections for the printing industry as a whole, and the packaging segment in particular. Check out the full report to see the ways in which various market segments are expected to invest in print and packaging in 2020.
A plain truth for our commercial printing clients is that a company’s valuation is directly linked to its investment in technology. We think that investment in technology is just as crucial for producers of labels and packaging, but we wonder if the message is being heard clearly enough.
Nosco may have been founded more than 100 years ago, but the company continues to prioritize growth in multiple packaging segments and embrace new technology. With digital printing capabilities for labels, folding cartons, and flexible packaging, it now counts for 50% of Nosco's orders.
Xerox Holdings sent a letter to the Board of Directors of HP Inc. and issued a press release Jan. 6, confirming that it has obtained $24 billion in binding financing commitments from Citi, Mizuho, and Bank of America to complete its proposed $33.5 billion cash-and-stock offer to acquire HP Inc.
Jim Lundquist, CEO of AWT Labels & Packaging, says his company’s recipe for success is “a kind of a combo platter” in which the key ingredients have set it on a growth trajectory that makes it one of Printing Impressions' 2019 “Fast Track” companies.
The 2019 Printing Impressions 400 has been revealed and package printers ranked among the top companies on the list. Check out where the top 10 package printers landed in this year's ranking and be sure to check out the complete list for a snapshot of the printing industry in 2019.