FCL Graphics Adds to Leadership Team, Expands Capabilities

R.R. Donnelley & Sons Company announced that it has accepted a proposal from affiliates of Atlas Holdings LLC to increase the price per share of their pending acquisition of RRD to $10.35 per share in cash, and has entered into an amendment to its previously announced definitive merger agreement with affiliates of Atlas, dated as of November 3, 2021. Under the terms of the Amended Agreement, RRD stockholders will receive $10.35 in cash for each share of common stock of the Company that they own, representing a premium of 21.5% over $8.52, the price per share of RRD common stock under the Original Agreement. The revised all-cash transaction is valued at a total enterprise value of approximately $2.2 billion and total equity value of approximately $856 million.

HP Inc. announced HP Indigo Secure, a suite of never-before-seen security and brand protection solutions. These solutions help security printers and print service providers protect their customers from counterfeiters and other product threats, the impact of which is estimated to reach $4.2 trillion, globally, in the next few years. HP also announced the new HP Indigo 6K Secure Press, the first HP Indigo digital press designed especially for the security printing market, delivering end-to-end security solutions featuring multi-security layers printed in one pass, in a secure environment. HP Indigo Secure solution includes hardware, software, media, and inks for security printing and brand protection, based on proprietary HP Indigo LEP technology and industry-leading partner solutions. It offers printers the ability to mix and match a wide range of innovative and advanced security elements and designs that are easy to print and hard to copy.

CJK Group, led by CEO Chris Kurtzman, is a largely unknown, low-profile industry conglomerate that's been methodically consolidating the book manufacturing market. But the entity can no longer fly under the radar screen as it sounds another "Bang!" ... no pun intended ... with yet another major M&A transaction. The latest acquisition by Brainerd, Minn.-based Bang Printing and its holding company, CJK Group, is the assets of Webcrafters, a 270-employee, Madison, Wis., printer that caters to the educational publishing community as a manufacturer of textbooks, workbooks, teacher and student guides, and related educational support materials. Terms of the definitive agreement reached between the two privately-held companies were not disclosed. CJK Group is the holding company for Bang Printing, a manufacturer of books, catalogs, publications and fulfillment services in Brainerd, Minn., and Palmdale, Calif., which has already acquired Hess Print Solutions in Brimfield, Ohio; Sentinel Printing, St. Cloud, Minn.; Victor Graphics in Baltimore; Sinclair Printing, Los Angeles; and The Sheridan Group with production facilities in Waterbury, Vt., Hanover, N.H., Hanover, Pa., Chelsea, Mich., and a corporate office in Hunt Valley, Md. Prior to Webcrafters, CJK Group's most recent acquisition comprised the $196.5 million, 1,000-employee Sheridan Group this past April. Click Read More below for additional detail.