Business Management - M&A

Promoting Growth and Increasing Valuation with Investment in Technology
January 23, 2020 at 10:50 am

A plain truth for our commercial printing clients is that a company’s valuation is directly linked to its investment in technology. We think that investment in technology is just as crucial for producers of labels and packaging, but we wonder if the message is being heard clearly enough.

HP Board Response to Xerox $24B Financing: Proposal Significantly Undervalues HP
January 14, 2020 at 10:51 am

The exchange of public letters between representatives of HP and Xerox continued last week, with the HP Board of Directors stating Xerox's latest proposal in its attempt to acquire HP significantly undervalues the company. Mark Michelson, editor-in-chief of Printing Impressions shares why the sooner this saga ends, the better it will be for the printing industry.

Xerox Secures $24B in Financing Commitments for Proposed HP Acquisition
January 7, 2020 at 9:27 am

Xerox Holdings sent a letter to the Board of Directors of HP Inc. and issued a press release Jan. 6, confirming that it has obtained $24 billion in binding financing commitments from Citi, Mizuho, and Bank of America to complete its proposed $33.5 billion cash-and-stock offer to acquire HP Inc.

CNG’s Spicers Paper/PPI Acquires Kilmer, Wagner & Wise
December 9, 2019 at 4:37 pm

Central National Gottesman Inc. announced today that its Spicers Paper division will add Kilmer, Wagner & Wise to its packaging portfolio. The acquisition will enhance Spicers’ existing stand-alone packaging business, Premiere Packaging Industries (PPI).

TC Transcontinental to Sell Paper and Woven Polypropylene Packaging Operations for $180M
December 3, 2019 at 10:40 am

TC Transcontinental announced that it has reached a definitive agreement to sell its paper and woven polypropylene packaging operations to Hood Packaging Corporation for $180 million. Hood Packaging will acquire five operations and buildings from TC Transcontinental, including approximately 415 employees that will transfer to Hood Packaging after the closing of the transaction.

UPDATE: Xerox Confirms It Will Launch Hostile Bid Attempt After HP Board Rejects Offer
November 26, 2019 at 9:43 am

In a public letter issued on November 24, HP rebuked Xerox's threat of a hostile takeover, stating the proposal undervalued HP, along with addressing other concerns. Now, Xerox has responded, stating it still intends to mount a hostile bid attempt, while addressing what it claims to be misleading information in HP's letter.

Top Traits of the Most Attractive Companies
November 12, 2019 at 11:11 am

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.

Inovar Packaging Group Acquires Flexo-Graphics
October 15, 2019 at 12:36 pm

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.