As we noted in our July 2017 log of non-bankruptcy closures, Integrity had closed its operations and an auction of all the equipment was scheduled for September.
A few years ago, Booking.com, a hotel e-commerce site owned by Priceline, worked closely with a media-buying agency to figure out where to allocate its ad budgets.
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Two smaller commercial printing companies in Sanford, Maine have announced that they will merge operations, with Edison Press acquiring Lincoln Press.
Consolidation and shrinkage within the commercial segment was further evidenced by the involuntary Chapter 7 filing against Integrity Graphics in Windsor, Connecticut.
Vomela, with in excess of $237 million annual revenue and much more known for its prowess in the point-of-purchase and fleet marking segments, once again added to its portfolio of commercial printing companies with the acquisition of Tepel Brothers Printing in Troy, Michigan.
The acquired company will retain its name and operate within Vomela’s C2 Imaging unit which this past March also added Elk Grove Graphics to the roster of commercial printing companies joining the Vomela Companies (see The Target Report – March 2016).
Nosco, a division of ESOP-owned Holden Industries, acquired Gooding Company in a move that broadens the types of printed products it can provide to its existing customer base.
The purchased company, based in western New York State, produces mini-folded inserts and outserts for the pharmaceutical, nutraceutical, medical device, health, and beauty markets, the same markets into which Nosco provides offset and digitally-printed labels and cartons.
Acquired just four months ago by New York-based private equity firm Aquiline Capital Partners, OSG is now established as a new platform company poised for bolt-on additional revenue and production capacity in both print and electronic transactional document processing.
The sale to OSG was a secondary buyout for the acquired company, Microdynamics, which was the target of an initial buyout by Wafra Partners in 2006.
As the millennial generation increasingly opts for “e-presentment” of monthly invoices and statements, companies that print these documents may find the ground underneath their business shifting as the transactional printing segment rapidly develops in today’s multi-channel environment.