Bloomberg is reporting that Xerox Corp. is in the early phase of negotiations to obtain Windy City printing giant RR Donnelley (RRD). According to the news organization’s sources, Xerox would merge some aspects of Donnelley with its copier, printer and related services business, with the balance being folded into Xerox’s business process outsourcing services.
Mergers & Acquisitions
Southwest Precision Printers announced it acquired the assets of Page International.
More than $6 million in acquisitions were closed in June of 2016 for Proforma Member Owners.
It’s a long way from the year 2000 when AOL famously bought Time Warner, a publisher of many printed titles.
PDQ Print Center has merged with Times Printing, both located in the Scranton, Pa., metro area. The companies are consolidating operations in the PDQ facility located in Taylor, Pa. The merger is expected to create jobs as the new company delves into more digital media offerings. GAA served as the advisor to both parties in the merger.
The acquisition of Staples Print Solutions, a division of Staples Inc., has been completed by Taylor Communications.
Robbie Manufacturing has been acquired by Transcontinental Inc. The company specializes in on-site packaging needs.
In the first significant move under new CEO John Hans, Imagine! Print Solutions entered into a definitive agreement to acquire Midnight Oil Agency, a marketing agency based in Burbank, Calif., which at one time flew under the LAgraphico banner. The deal, which is subject to customary closing conditions, is expected to close in the third quarter.
Forum Communications will enter into an agreement to purchase publications and a carrier delivery company owned by Helmer.
Kelmscott Communications, Rider Dickerson, The Buhl Press, wrapped up negotiations with a merger, creating Fuse, a $40+ million entity.