Business Management - M&A

Under its new ownership, the Flexographic Packaging Division will maintain the same organizational structure, management team and growth culture. Chris Payne, who has served as president of the Flexographic Packaging Division for the last three years, will lead the new standalone company as CEO.

NAPCO Media announced it has become the sole owner of the Digital Packaging Summit and Inkjet Summit events. Both events were launched — and have been operated — through a partnership between NAPCO and nGage Events.

Fortis Solutions Group has announced its acquisitions of Premier Georgia Printing and Labels in Flowery Branch, Ga., and Austin Label Company in Austin, Tx.

In a blockbuster acquisition, Sussex, Wis.-based Quad/Graphics is acquiring LSC Communications, of Chicago, creating a combined $8.1 billion, publicly-held company as the result of a whopping $1.4 billion all-stock transaction.

Heidelberg has announced it is taking over the MBO Group, seeking further expansion into postpress operations for digitally printed products. The takeover is in alignment with Heidelberg's strategic focus in the growing digital and packaging segments of the printing industry.

Greater Cincinnati-based Graphic Village announced it will acquire CTS Packaging, a full-line folding carton manufacturer.

Executing due diligence the right way means drilling down into every layer of the business being acquired, with no room for guesswork or assumptions.

Two well-known suppliers of web offset printing solutions have finalized their merger. manroland web systems and Goss International are combining their businesses and will be operating under the brand name of manroland Goss web systems.

AWT Labels and Packaging has acquired Citation Clinical Labeling Systems, a provider of clinical trial labels for pharmaceutical and biotechnology companies, clinical research organizations, and clinical packagers. The acquisition will strengthen AWT's presence in the global healthcare labeling market.

Resource Label Group, a provider of pressure-sensitive label, shrink sleeve and RFID/NFC technology for the packaging industry, announced it has acquired Paragon Label, a supplier of labeling solutions for the premium wine segment. Paragon offers a full range of flexographic and digital printing capabilities.