Acquisitions & Moves this week
A brief mention of company mergers and acquisitions during this week…
September 16, 2015
by Canadian Packaging staff
Here are some of the packaging industry acquisitions and moves from the past week:
- Omron Corporation has entered into an agreement to acquire 100 per cent of Adept Technologies, a global, leading provider of intelligent robots, autonomous mobile robot solutions and services in this ~US $200-million deal. Omron is a global leader in the field of automation based on its core sensing and control technology. Following the transaction, Rob Cain will continue to lead Adept and will report to Nigel Blakeway, chairman, chief executive officer and president of Omron Management Center of America, Inc., OMRON’s wholly-owned U.S. subsidiary.
- Jones Packaging Inc. has entered into an agreement to sell its shrink sleeve business – equipment and customer portfolio – to Safety Seal Plastics Inc., a major North American shrink sleeve manufacturer. The transition of business will take place over the next month, during which time the assurance of a seamless experience for customers will be the number one priority for both companies. The Jones portfolio of shrink sleeve business will move directly to Safety Seal Plastics’ new facility in Guelph, Ont.
- Aleyant, an innovative leader in providing robust software services to the graphic communications industry, has acquired San Francisco-based Keen‘s web-to-print business. Aleyant’s acquisition includes Keen’s web-to-print technology platform, web-to-print customers and their name, logo, and brand. The PrintMo marketplace service is not part of this transaction and will continue to operate as a separate service.
- In the U.K., Kite Packaging has acquired Golden Valley Pallet Wrap Specialists, but will not assume any of its liabilities. The acquired business will transfer to Kite’s Coventry site, from which Kite will operate a specialist stretchfilm unit. The employees of Golden Valley, who are joining Kite, are expected to operate from Kite’s Coventry site by next week, at which time the Golden Valley facility at Stonehouse, Gloucestershire will be closed.
- Brandtjen & Kluge, Inc., a fourth-generation privately-owned manufacturer of print finishing equipment in St. Croix Falls, Wisconsin, has reached an agreement to acquire the Olec brand roller coater product lines from Fabcon. Based in Santa Ana, CA., Fabcon’s roller coater business is a market leader for both wide format and digital print roller coaters. The Olec brand of roller coaters includes designs from acquisitions of both Dorn SPA and Frank Matheus & Associates. The combination of the Olec brand coater business with Kluge’s existing print finishing offerings establishes Kluge as a leading supplier of specialty print finishing equipment for printing and package converting.
- Global Graphics SE has acquired font manufacturer URW++ Design & Development GmbH located in Hamburg, Germany. URW develops and designs digital typeface, inventing digital outline font technology and tools 35 years ago and is one of the few remaining font foundries that date from the pre-PostScript era. URW will continue to operate as a standalone business led by Peter Rosenfeld. It will be a wholly-owned subsidiary of Global Graphics, a leading developer of software platforms used to create solutions for digital printing, digital document and PDF applications, based out of Cambridge, MA, Boston and Tokyo.