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items tagged with mergers & acquisitions


CCL Industries acquires Aussie label company
Published in: Packaging

CCL Industries, one of the world’s largest label and specialty packaging companies has acquired Melbourne-based label supplier Purbrick. The Victorian company’s 2009 revenues were approximately $8.7m with an estimated EBITDA of $1.9m. The purchase price was $2m, representing a small discount to the book value of net equity acquired, according to CCL.


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Parts Overnight buys PT Store and strikes alliance with HP
Published in: Australia

Parts Overnight, Australia’s largest independent printer spare parts and accessories distributor has acquired Queensland-based digital supplier PT Store. Parts Overnight specialises in supporting small format printers, and is authorised for large format spare parts distribution.


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Flint Group launches latest plate making system
Published in: Asia

Flint Group has launched the nyloprint Combi 96 x 120 ED for the main exposure, drying and post exposure of nyloprint printing plates. Meanwhile the company has also undertaken a major acquisition.


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Swiss press maker Wifag to be bought by manroland
Published in: New Zealand

The world’s largest web offset manufacturer manroland is negotiating the purchase of Swiss newspaper press maker Wifag, with the deal expected to be finalised later this year. No details have been given on the terms, which are likely to be favourable to manroland. Wifag’s turnover in 2008 was around CHF500m, (A$520m) but the 2009 figure is likely to be substantially reduced.


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Swiss press maker Wifag to be bought by manroland
Published in: Asia

The world’s largest web offset manufacturer manroland is negotiating the purchase of Swiss newspaper press maker Wifag, with the deal expected to be finalised later this year. No details have been given on the terms, which are likely to be favourable to manroland. Wifag’s turnover in 2008 was around CHF500m, (A$520m) but the 2009 figure is likely to be substantially reduced.


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Swiss press maker Wifag to be bought by manroland
Published in: Australia

The world’s largest web offset manufacturer manroland is negotiating the purchase of Swiss newspaper press maker Wifag, with the deal expected to be finalised later this year. No details have been given on the terms, which are likely to be favourable to manroland. Wifag’s turnover in 2008 was around CHF500m, (A$520m) but the 2009 figure is likely to be substantially reduced.


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Flint Group launches latest plate making system
Published in: Packaging

Flint Group has launched the nyloprint Combi 96 x 120 ED for the main exposure, drying and post exposure of nyloprint printing plates. Meanwhile the company has also undertaken a major acquisition.


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Objectif Lune expecting faster gains with Edmond acquisition
Published in: Australia

Variable data printing and workflow solutions provider Objectif Lune has acquired Dutch research and development company Edmond Document Solutions in a move which will allow Objectif Lune to reinforce its presence in the high volume document workflow automation space.


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Quad/Graphics to buy Worldcolour for US$1.4bn
Published in: Australia

A new mega printer is set to be created, with US giant Quad/Graphics is set to spend some US$1.4bn to acquire rival printer Worldcolor - which is essentially the reborn Quebecor - resulting in a US$5bn print business

 


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Amcor receives formal approval for Alcan purchase
Published in: Packaging

Mining giant Rio Tinto has formally accepted Amcor’s $2.31bn offer to buy parts of its Alcan Packaging business. Media reports outline that Amcor can now acquire almost all of the operations of Alcan Packaging, after the US Department of Justice terminated a pre-merger waiting period.


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Amcor shifts structure in lead up to Alcan purchase
Published in: Asia

As Amcor prepares for the acquisition of the Alcan Packaging operations, the proposed new organisation structure and senior management for the combined business has been announced.


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Amcor shifts structure in lead up to Alcan purchase
Published in: New Zealand

As Amcor prepares for the acquisition of the Alcan Packaging operations, the proposed new organisation structure and senior management for the combined business has been announced.


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Amcor shifts structure in lead up to Alcan purchase
Published in: Packaging

As Amcor prepares for the acquisition of the Alcan Packaging operations, the proposed new organisation structure and senior management for the combined business has been announced.


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CSG acquires Konica Minolta New Zealand
Published in: Australia

Australian IT services and print solutions provider CSG has acquired the Onesource New Zealand businesses, including Konica Minolta Business Solutions New Zealand and Leasing Solutions, both of which will continue to operate as independent operating companies within the CSG group.


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Aussie company CSG acquires Konica Minolta New Zealand
Published in: New Zealand

Australian IT services and print solutions provider CSG has acquired the Onesource New Zealand businesses, including Konica Minolta Business Solutions New Zealand and Leasing Solutions, both of which will continue to operate as independent operating companies within the CSG group.


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Agfa expands in wide format with Gandi buy
Published in: New Zealand

Agfa Graphics has agreed to acquire most of the assets of distressed large format inkjet manufacturer, Gandi Innovations Holdings LLC's North American operations and the shares of its principal foreign subsidiaries.


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Canon to buy Océ in bid for top spot
Published in: Asia

Canon has made a €730m (A$1.167bn) offer to buy the Dutch digital press maker Océ, shaking up the burgeoning digital printer sector and indicating Canon's belief in the growth potential of digital printing. Canon is offering €8.6 per share for Oce’s stock, a 70 per cent premium on the current price, with the intention of acquiring all the ordinary shares of Océ through an all cash public offer.


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Aarque Sign & Screen to represent Yupo and Mactac
Published in: New Zealand
Aarque Sign & Screen, a division of Aarque Graphics, has announced the first key strategic expansion to its product portfolio: the addition of the full range of Yupo synthetic papers and Mactac digital and computer cut vinyls.
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Canon to buy Océ and attain number one status
Published in: New Zealand

Canon is making a €730m ($A1.167bn) offer to buy the Dutch digital press maker Océ, in a move that will shake up the burgeoning digital print sector. The two companies announced in a joint statement that Canon would offer €8.6 per share for Oce’s shares, intending to acquire all ordinary shares of Océ through an all cash public offer.


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Canon to buy Océ in bid for top spot
Published in: Australia

Canon has made a €730m (A$1.167bn) offer to buy the Dutch digital press maker Océ, shaking up the burgeoning digital printer sector and indicating Canon's belief in the growth potential of digital printing. Canon is offering €8.6 per share for Oce’s stock, a 70 per cent premium on the current price, with the intention of acquiring all the ordinary shares of Océ through an all cash public offer.


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Agfa expands in wide format with Gandi buy
Published in: Australia

Agfa Graphics has agreed to acquire most of the assets of distressed large format inkjet manufacturer, Gandi Innovations Holdings LLC's North American operations and the shares of its principal foreign subsidiaries.


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Agfa expands in wide format with Gandi buy
Published in: Asia

Agfa Graphics has agreed to acquire most of the assets of distressed large format inkjet manufacturer, Gandi Innovations Holdings LLC's North American operations and the shares of its principal foreign subsidiaries.


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PrintLinx takes up ownership of Energi Print
Published in: Australia

Following this week’s i-grafix report of award-winning print shop Energi Print going into voluntary administration, Melbourne-based print group PrintLinx has taken up ownership of the ailing business including all Energi Print staff, assets, management and inventories.


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PMP acquires IMD through Gordon and Gotch
Published in: New Zealand

PMP has announced it has entered into an agreement to acquire the magazine distribution business Independent Magazine Distributors (IMD) via Gordon and Gotch NZ, which it says is New Zealand’s largest independent magazine distributor.


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Focus Press nabs second ailing print shop
Published in: Australia

Focus Press, the printer well known for its high environmental standards, has acquired the assets of insolvent Sydney printer Greenloch Print Essesntials from administrator Hall Chadwick. David Fuller owner of Focus Press says the new Matraville-based facility will add to its capability and bring in number of new customers.


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Lilyfield sold to German packager
Published in: Packaging

A chapter in the NSW print industry has closed and a new one opened as Reg Hammond’s iconic Sydney printer The Lilyfield Group has been sold to German packaging company STI Group. The purchase was finalised on August 11. Industry sources told Australian Printer there would be no redundancies following the sale.


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Lilyfield sold to German packager
Published in: Australia

A chapter in the NSW print industry has closed and a new one opened as Reg Hammond’s iconic Sydney printer The Lilyfield Group has been sold to German packaging company STI Group. The purchase was finalised on August 11. Industry sources told Australian Printer there would be no redundancies following the sale.


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CMPT expands with interstate acquisition
Published in: Packaging

CMTP Packaging is now one of Australia’s largest privately-owned manufacturers and distributors of pallets, packaging products and supplies after taking a controlling interest in Aspect Packaging. A major producer of timber and export pallets, timber boxes, crates and bins, CMTP now also supplies FIBC’s, Coreflute, plastic wrap, cardboard cartons and packaging products.


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SC Leach bridges Tasman gap with Birk and Blyme
Published in: New Zealand

Two privately owned print and print finishing consumables suppliers, SC Leach from New Zealand and Birk and Blyme from Australia, have joined forces to service both markets.


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Muller Martini set to launch VSOP printing press
Published in: New Zealand

Muller Martini has acquired patents for the VSOP technology from Drent Goebel and is set to launch a new Variable Sleeve Offset Press (VSOP) series, offering flexible package and cardboard printing, by the end of the year.


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