At many companies, pandemic-related business pressures have obliged owners to ask themselves which jobs are and aren’t necessary. Although this can be uncomfortable, it is also a valuable opportunity to reconsider the interrelationship of staff size, payroll expense, and profitability.
From increased R&D investments to a robust global manufacturing footprint, the merger of Maxcess and RotoMetrics has begun several initiatives that will help their customers run better, faster and smarter.
June was the first relatively active month for M&A deals since the COVID-19 induced shut-down began. The renewed transactional activity is a clear indication that packaging manufacturers expect demand for packaged products to continue apace or grow, and as a consequence, the appetite for their packaging expertise and capacity will tag right along and grow also. A perfect recipe for more deals in the future.
Mesirow Financial acted as the exclusive financial advisor to Genpak Flexible, an international provider of flexible packaging solutions including a broad range of film, foil, and paper packaging products, on its sale to C-P Flexible Packaging. The acquisition will expand C-P Flexible’s presence across North America.
C-P Flexible Packaging has acquired Genpak Flexible, a North American supplier of compostable packaging that offers a wide range of unique, patented flexible packaging solutions. The strategic investment complements C-P Flexible Packaging’s converting and printing capabilities.
Graphic Village’s acquisition of DMS ink is part of a trend of consolidators building a network of locations within a distinct region.
When the coronavirus pandemic upended the economy and the printing and packaging industries, business owners had to focus on the immediate needs of their companies and employees. But as we move toward economic recovery, there are certain steps companies can take to put themselves in a favorable position.
PRINTING United Alliance Board of Directors members Scott Crosby, of Transcontinental Holland & Crosby, and Paul Cousineau, of Dow Jones & Co., share their thoughts on the benefits of the recent merger between SGIA and PIA; convergence trends within the printing industry; and their expectations for a successful PRINTING United event in Atlanta this October.
As the industry converges and consolidates, so have many trade associations. This might be best exemplified by the recent merger of SGIA and PIA, which is reflective of the ongoing consolidation in the highly fragmented and diverse universe of companies that make up the industry.
The Specialty Graphic Imaging Association and Printing Industries of America, which merged on May 1, 2020, today announce the new organization name as a combined company: PRINTING United Alliance. PRINTING United Alliance also announces its official board of directors as a merged entity.
