Certain members of Allegra Network have reached an agreement to invest in an entity that, along with executives of Signs By Tomorrow, will purchase the assets of the latter company, a 162-unit network of firms producing large-scale graphics. The management team of Signs By Tomorrow will remain intact.
One of Wausau Paper's largest shareholders now wants the company to sell its specialty paper division or even the entire company. In a letter filed this week with federal regulators and sent to the Mosinee-based papermaker's board of directors, Starboard Value—a New York-based hedge fund, which is a partnership involving private investors—wrote that Wausau Paper remains undervalued on Wall Street and that a sale could allow investors to make more money.
"We've made moves related to that business plan, which included leaving the print and color division and focusing the efforts of the paper segment on specialty and technical papers,"
EFI’s digital experience and award-winning imaging technology in combination with Cretaprint’s leading ceramic tile printing solutions will provide the industry with expanded offerings, superior workflow software and a worldwide support network that will expand Cretaprint’s reach worldwide.
The Designtex Group, a design, marketing, sales and distribution business, announces the acquisition of substantially all of the assets of Portland, Maine–based digital printing company Slide Works, which conducts business as Portland Color. Portland Color is a large-format digital printing company with roots in the photo-lab industry.
manroland and Univacco Foils Holland BV have entered into a cooperation agreement that initially covers joint development and sales activities in the field of cold foil. They have developed a new type of foil that, together with selected system components from manroland’s printcom product portfolio, provides outstanding results.
The transaction includes Myllykoski’s seven publication paper mills in Germany, Finland and the United States. Their total annual paper production capacity is 2.8 million tonnes. UPM has now obtained all required regulatory clearances for the transaction, which is targeted for the final closing in late July or early August.
“We believe Temple-Inland’s price expectations are unrealistic and their unwillingness to engage in any meaningful discussions with respect to value has left us with no alternative but to make our offer directly to Temple-Inland shareholders,” said International Paper chairman and CEO John Faraci.
The growth in print decoupled from general economic growth in the ’90s, which has challenged the entire supply chain. One of the most innovative and exciting developments is CelluForce, a joint venture between Domtar and FPInnovations.
Bravo is a leading supplier of specialty synthetic and paper substrates for digital printing. The acquisition will include all brands and certain assets, including manufacturing capacity for converted products, which will remain in Elmira, NY.
The business-to-business world still reaps great benefits from relationships. Case in point is Marketing Services by Vectra, a multifaceted digital, screen, sheetfed and web offset printer based in Columbus, OH. President Craig Taylor has found great value in industry peer groups.
