Business Management - M&A

Techflex Packaging has been acquired by Action Packaging and Signature Flexible Packaging. The company has rebranded as ‘DazPak.’

Flint Group recently confirmed the successful completion of the sale of its XSYS division (XSYS) to an affiliate of Lone Star.

Kernic Systems Inc. & Höcker Polytechnik announced a strategic partnership for the North American Paper, Packaging & Recycling Market.

RRD shareholders approved the acquisition, after which Chatham Asset Management named former RRD CEO Tom Quinlan as the new CEO of RRD.

Minneapolis-based AWT Labels & Packaging, Inc. recently announced the acquisition of Labeltronix.

M&A activity in the packaging space is accelerating as strategic and sponsor investors are encouraged by the rise of e-commerce, a surge in consumer spending power, attractive margins, and a high degree of fragmentation. This is resulting in numerous opportunities for printers interested in consolidation and growth.

Unlike most large company acquisitions, CCL Industries finds niche players in small corners of the market that add strong valuation.

HP Inc. announced the acquisition of Choose Packaging.

RRD update to unsolicited non-binding “Alternative Acquisition Proposal.” The offer price increased to $11.50 per share in cash.

As consolidators grow, merge, or exit the field for the acquisition of middle market companies, smaller consolidators take their place.