Business Management - M&A
The previously announced acquisition of EFI by an affiliate of Siris Capital Group is now complete. With the approximately $1.7 billion deal, EFI's common shares will be delisted from the NASDAQ exchange. The company will still operate as Electronics for Imaging.
Family-owned businesses are the backbone of the printing industry, but when the time comes for closely held firms to put themselves up for sale, family ties don’t always pull in a helpful direction. With the right strategy in place however, family-owned businesses can be involved in transactions that lead to beneficial results for all involved.
Durst and Koenig & Bauer appoint Robert Stabler to lead new joint company for digital packaging printing system, Koenig & Bauer Durst.
The combined label printing company, which will be known as Multi-Color Corp. and headquartered in Cincinnati, is a $2.2 billion enterprise with 86 plants in 26 countries and 10,000 global employees. WS Packaging is now a business unit of Multi-Color, but will continue to maintain its headquarters in Green Bay, Wis.
The DOJ appears very adamant about its opposition to the proposed merger of the two companies.
Learn about the key elements of the plan to successfully transfer leadership and ownership of a printing and packaging firm.
Fortis Solutions Group has acquired Merced, Calif.-based Label Technology, a flexible packaging, stand-up pouches and pressure-sensitive labels printer that serves the food, natural products, nutraceutical, cosmetic, and health and beauty end markets.
The German antitrust authority that regulates and prohibits what it deems to be monopolies or cartels, struck down the proposed deal.
Proactive Packaging and Display, an Ontario, Calif.-based printer of corrugated displays and packaging, has been acquired by New-Indy Containerboard, a joint venture between Schwarz Partners LP and Kraft Group LLC.
WestRock Company is expanding its capabilities to support the beauty and personal care, nutraceutical and media industries with the acquisition of UBS Printing Group, Inc., a specialty printing and packaging company that manufactures high impact cartons, as well as related literature products.