Cenveo Strikes Deal to Acquire Nashua Corp.
May 8, 2009
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STAMFORD, CT—Cenveo has inked a definitive merger agreement to acquire all of the outstanding common shares of Nashua Corp. in a cash and stock deal valued at roughly $44 million. Nashua, a labels and specialty paper producer, posted sales of $265 million in 2008. The deal allows Cenveo to strengthen its position in the pharmaceutical and shelf label market and will expand upon Nashua's position in the point-of-sale and wide-format printing markets.
The deal has been approved by the board of directors for both companies and is expected to be completed this summer.
The deal has been approved by the board of directors for both companies and is expected to be completed this summer.
Companies Mentioned:
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