PITTSBURGH, PA—Matthews International Corp. has signed a definitive agreement to acquire Schawk, Inc., a leading global brand development, activation and brand deployment company. SGK reported sales of $443 million for 2013 and has approximately 3,600 employees in more than 20 countries. Closing is scheduled to occur prior to Sept. 30, 2014. Sales for the combined … Continued
SOUTH BELOIT, IL—Quantum Design, of Loves Park, IL has taken ownership of Keene Technology Inc (KTI), a world-class manufacturer of automatic splicers and turret rewinders, founded in 1985 by John Kenee. Danny Pearse has taken over as president and Dave Culvey has taken over as vice president of KTI. They currently serve as president and … Continued
NORCROSS, GA—Unisource Worldwide, Inc. and xpedx will merge under the terms of a definitive agreement that will result in the creation of a new publicly traded company. The agreement to merge the two businesses was signed by International Paper, parent company of xpedx, and by UWW Holdings, Inc. the holding company of Unisource and owned … Continued