Cenveo Completes the Sale of its Long Run Labels and Receipt Paper Assets to Iconex
April 30, 2019 - Cenveo Worldwide Limited today announced the sale of its long run labels and receipt paper assets to Iconex LLC, a portfolio company of Atlas Holdings. The sale includes the Joplin, Missouri and Jefferson City, Tennessee plants as well as certain assets located in the Vernon, California plant.
Financial terms of the transaction were not disclosed.
“I would like to start by thanking our employees, customers and vendors for their dedication and support over the past several years,” said Robert G. Burton, Jr., CEO of Cenveo. “For both Cenveo and Iconex, this transaction creates additional opportunities to invest in growing our core businesses and to continue our focus on delivering high-quality products.”
Craig A. Gunckel, CEO of Iconex, commented, “We're excited to welcome our newest coworkers to the Iconex team. This acquisition, which is fully aligned with our long-term growth objectives, will expand our highly differentiated label solutions business by adding new long-run label assets and solutions for Iconex to bring to the market.”
Cenveo is a leading manufacturer of envelopes, custom labels and print related products. To learn more, please visit: www.cenveo.com.
SOURCE: Cenveo Worldwide Limited