Business Management - M&A

TricorBraun, a global packaging leader, has acquired Pacific Bag, LLC, one of the largest independent U.S. distributors of flexible packaging. The company will combine Pacific Bag with its existing flexibles business, Taipak, to create TricorBraun Flex, a new business unit focused on flexible packaging.

Fortis Solutions Group has announced its acquisition of Infinite Packaging Group, which has locations in Lewisville, Tex. and Catoosa, Okla. Infinite Packaging is a full-service label converter, providing pressure-sensitive labels and shrink sleeves, among other products and services.

In an M&A transaction, navigating the sequence of events dictated by the closing process needs to be carefully managed so the parties involved can successfully reach the point where they can say, "Congratulations - we did it!"

In an effort to expand its West Coast presence, Resource Label Group has acquired Best Label Company. Best Label, which has locations in Cerritos, Calif., and Union City, Calif., utilizes letterpress, flexographic and digital printing to provide labels to multiple market segments.

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.