Merger Creates WildfireXM
DALLAS—PrintComm Inc. CEO Chuck Dickinson and Image Reproductions CEO Greg Wood have signed a binding letter of intent to merge their operations into a newly formed company, WildfireXM. The companies plan to merge operations into a single facility during the first quarter of 2012. Dickinson will serve as CEO, Wood as CFO.
Goss Buys Vits Print Assets
DURHAM, NH—Goss International has acquired the assets of Vits Print GmbH. The acquisition adds various sheeting and specialized finishing components that complement the Goss portfolio of web offset printing production solutions. VITS-America Inc., located in Blauvelt, NY, is not part of the acquisition. Vits Print GmbH products will be marketed and supported by VITS-America Inc. in the United States.
New Owners for Com-Pak
MOORESTOWN, NJ—An investment group, Riverside Acquisition Group, which is managed by Maidstone Capital, has acquired the assets of Com-Pak Services, based here. Riverside is comprised of strategic, financial and direct mail industry investors. Com-Pak will maintain its current facility.
Neenah Adds Wausau Brands
ALPHARETTA, GA—Neenah Paper recently signed a definitive agreement to purchase certain premium brands, including Astrobrights and Royal, from Wausau Paper. The purchase will reportedly be financed through existing credit facilities and operating cash flows. PI