Business Management - M&A

An “attractive” company is a well-managed company: one whose owner has kept it competitive by making the right decisions about market focus, technical capability, and customer relationships.

Xerox is mulling over a $33 billion cash-and-stock offer to acquire HP Inc., a fellow digital printing equipment and supplies provider with a market value more than three times its own.

Inovar Packaging Group has acquired Flexo-Graphics, its first platform company in the Midwest Region that adds to its existing manufacturing footprint in New England, the Southwest, and the Southeast. The company is executing on a strategic plan for growth, both organically and through acquisitions.

To the owner of a packaging or a printing business, there will always be something subjective about the idea of its value. But practical methods of business valuation do exist, and it’s wise for owners to incorporate them into their business strategies.

Since the Specialty Graphic Imaging Association's (SGIA) acquisition of NAPCO Media was announced, news of the deal has garnered significant praise in the industry. The collaboration between SGIA and NAPCO Media began with the launch of the PRINTING United trade show, and is now further strengthened by the formal acquisition.

Paper Converting Machine Company (PCMC) has announced its acquisitions of RDP Marathon and IPT Digital. The acquisitions expand PCMC's offerings into the digital printing technology realm.

Following last week's news that SGIA acquired NAPCO Media, the parent company of Packaging Impressions, SGIA CEO Ford Bowers and NAPCO Media President Dave Leskusky discussed the acquisition in further detail and the impact it will have on the industries the organizations serve.

Sonoco has completed the acquisition of Corenso Holdings America, Inc., a U.S. manufacturer of uncoated recycled paperboard and high-performance cores in the packaging industry, from a company owned by investment funds advised by Madison Dearborn Partners, LLC and management.

In 2017, SGIA and NAPCO Media formed a strategic partnership to create a global platform to connect print service providers and suppliers with the launch of PRINTING United in 2019. Under the terms of the acquisition agreement, NAPCO Media, owner of Packaging Impressions, will become an LLC and will continue to operate as an independent entity. All NAPCO Media staff and business units will remain in place.

Quad and LSC Communications agreed to terminate their merger agreement whereby Sussex, Wis.-based Quad would have acquired Chicago-based LSC for $1.4 billion in an all-stock transaction. They were facing a trial to fight a lawsuit by the U.S. Department of Justice seeking to block the deal based on antitrust concerns.