Cenveo acquires Gilbreth Packaging Solutions

Cenveo has acquired Impaxx, the sole owner of Gilbreth Packaging Solutions, from affiliates of Aurora Capital Group, a Los Angeles private equity firm.

Gilbreth, which employs 75 people at its facility in Croydon, Pennsylvania, uses multiple printing technologies to produce full body shrink sleeves (FBSS), tamper evident neck bands and medical and electronic tubing. The company serves over 150 customers in a wide variety of industries with an emphasis on the personal care, pharmaceutical, nutraceutical, energy drink and food and beverage markets. The terms of the transaction were not disclosed.

Robert G. Burton Sr, Cenveo chairman and chief executive officer, said: ‘The acquisition of Gilbreth expands our specialty packaging into the growing shrink sleeve market. Gilbreth’s product line complements Cenveo’s existing offerings and will create immediate cross-selling opportunities for both companies’ customers. The acquisition of Gilbreth, with its strong market reputation and strategic niche product offerings, is another example of how we intend to continue to grow our company by acquiring leaders in high growth sectors of the packaging industry. We expect this acquisition to be accretive to earnings. I am pleased to welcome the Gilbreth team to the Cenveo family while also looking forward to working with them as we continue to create the industry leading platform.’

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