SGS International, backed by Onex Partners III, is on the deal log for the second month in a row, acquiring Stevenson Color, a packaging and prepress company in Cincinnati, OH. This follows its acquisition last month of the packaging prepress division of Vertis (presumably sold by Vertis in preparation for the aforementioned bankruptcy filing). Do these transactions indicate the formation of a major new presence in the brand management and deployment space now dominated by Schawk and a couple other global players?
FujiFilm Holdings International purchased the Business Service Provider division of Salmat Ltd. In Australia, rebranding the service under its Fuji Xerox name, focusing on its ability to manage data and documents as the company continues to evolve from its traditional strengths in manufacturing film, plates and processing equipment.
In an unusual vertical move up the value chain in 2010, Mohawk Papers acted as a venture capital investor behind Pinhole Press, an online photo printing service that prints photos for consumers. Dedicated to “beautifully simple” products, the service prints exclusively on papers made by Mohawk Fine Paper, a mill that was one of my favorites in my early career when I specified paper for clients. I often suggested the mill’s premier paper, “Mohawk Superfine,” when a client asked for my advice, and they wanted a superb and subtle finish in an uncoated sheet. I still remember the look and feel of the finely textured paper and the even and smooth lay-down of a double-hit of super warm red. Those uncoated sheets sure were super.
| 2012 October - Mergers and Acquisitions in the Printing, Packaging, Paper & Related Industries | |||||||||||||
Deal Party #1 (Surviving Entity) |
Pre-Deal Revenues ($Mil ) |
Party #1 Address |
Deal Party #2 |
Pre-Deal Revenues ($Mil ) |
Party #2 Address |
Date Deal Public |
Deal Value ($Mil) |
Deal Structure (Intermediary) |
Notes |
Press Releases |
|||
| SGS International | No Data | Louisville, KY | Stevenson Color | No Data | Cincinnati, OH | 10/23/12 | No Data | Acquisition | Packaging & retail prepress | Link | |||
| liveBooks | No Data | Sausalito, CA | Pinhole Press, Pinhole Pro | No Data | Waterford, NY | 10/16/12 | No Data | Acquisition | Printed photo gifts | Link | |||
| FujiFilm Holdings Corporation | ¥2,195 | Tokyo, Japan | Business
Service Provider Salmat Ltd. |
AU$316 | Matraville, Australia | 10/11/12 | AU$375 | Acquisition | Document processing | Link | |||
| Quad Graphics | $4,324 | Sussex, WI | Vertis Communications | $1,100 | Baltimore, MD | 10/11/12 | $258.5 | 363 Asset purchase | Advertising inserts | Link | |||
| Revolution Capital Group | No Data | Los Angeles, CA | Tampa Tribune | No Data | Tampa. FL | 10/9/12 | $9.5 | Acquisition | Newspaper publisher | Link | |||
| Wingate Partners | No Data | Dallas, TX | Nekoosa Coated Products | No Data | Nekoosa, WI | 10/2/12 | No Data | Acquisition | Mfg. of specialty papers | Link | |||
| Herrmann Printing & Litho | No Data | Pittsburgh, PA | Enhanced Digital Printing | No Data | Export, PA | 10/2/12 | No Data | Merger | Cross-media commercial print | Link | |||
| Sartori Software | No Data | Seattle, WA | SAP Postalsoft Presort | No Data | Walldorf, Germany | 10/2/12 | No Data | Acquisition | Mailing prep software | Link | |||
| Electronics for Imaging (EFI) | $591.6 | Foster City, CA | Online Print Solutions (OPS) | No Data | Sydney, Australia | 10/1/12 | No Data | Acquisition | Web-to-Print applications | Link | |||
| 2012 October - Bankruptcy Filings in the Printing, Packaging, Paper & Related Industries | ||||||||||||
Filing Party |
Date Case Filed |
Pre-Petition Revenues ($Mil ) |
Case # |
Filing Party Address |
Circuit |
Region & City |
Judge |
Attorney for Debtor |
Notes |
|||
| Chapter 11 Filings: | ||||||||||||
| Tech Bindery, Inc. | 10/10/12 | No Data | 12-44046 | Santa Fe Springs, CA | 9th | Central
CA Los Angeles |
Neil W. Bason | Marcus Gomez | Bindery services | |||
| Vertis | 10/10/12 | $1,100 | 12-12823 | Baltimore, MD | 3rd | Delaware Wilmington |
Mary F. Walrath | Jason M. Madron | Advertising inserts | |||
| American Color Graphics | 10/10/12 | No Data | 12-12826 | Baltimore, MD | 3rd | Delaware Wilmington |
Mary F. Walrath | Jason M. Madron | Filed for Joint Administration w/ Vertis | |||
| Webcraft | 10/10/12 | No Data | 12-12822 | Baltimore, MD | 3rd | Delaware Wilmington |
Mary F. Walrath | Jason M. Madron | Filed for Joint Administration w/ Vertis | |||
| Chapter 7 Filings: | ||||||||||||
| GRL Packaging, LLC | 10/31/12 | No Data | 12-25391 | New Castle, PA | 3rd | Western
PA Erie, PA |
Carlota M. Bohm | Frank G. Verterano | Corrugated boxes & displays | |||
| Fife Packaging | 10/17/12 | No Data | 12-13204 | Hooksett, NH | 1st | NH Manchester |
J. Michael Deasy | Kevin P/ Chrisholm | Beverage carriers | |||
| Superior Mailing & Printing Services, Inc. | 10/9/12 | No Data | 12-62615 | Richmond, MI | 6th | Eastern
MI Detroit |
Walter Sharpero | Michael A. Greiner | Printing and mail services | |||
