HP Launches Secure Printing for HP Indigo Digital Presses (piworld.com)

R.R. Donnelley & Sons Company supported Siemens Healthineers to accelerate the delivery of rapid COVID-19 antigen self-tests to the U.S. market during a time of dire need. RRD, a Chicago-based company with nearly two decades of experience helping medical device clients optimize their supply chain, leveraged its ISO 13485 accredited facilities and ability to scale quickly to facilitate Siemens Healthineers’ time-sensitive project. Amid the peak of the COVID-19 Omicron variant outbreak in January 2022, Siemens Healthineers stepped up to make tens of millions of tests available to the U.S. population through state, federal, and local partnership efforts. The company sought to expand its warehouse space to meet growing demand to help accommodate the massive volumes of product. Siemens Healthineers collaborated with RRD, who had the ability, experience, and flexibility to upscale with uncertain demand. “It was critical to find a supplemental supply chain and warehouse solution that could help us supply high-quality test kits that would provide accurate COVID-19 results to the U.S. population. RRD’s ability to flex and adapt to changing demand helped address some of these needs,” said Joerg Berner, Acting Head of Point of Care Diagnostics at Siemens Healthineers.

Brook + Whittle, a leading provider of pressure sensitive and shrink sleeve prime labels, today announced that it has signed a definitive agreement to acquire the Custom Labels Group within Cenveo Worldwide Limited (“Cenveo”). The acquisition significantly enhances Brook + Whittle’s position in e-commerce and digital label printing in North America. “Cenveo’s Custom Labels Group is a differentiated business with incredible experience in short run volumes, fast turnaround service, and great product quality, all delivered through some of the world’s most advanced digital systems,” stated Mark Pollard, CEO of Brook + Whittle. “This acquisition places Brook + Whittle at the forefront of digital transformation in the label industry. Regardless of whether our customers require one or one billion labels, the combined platform has the capability to deliver high quality, custom designed products with the industry’s fastest lead-times. Brook + Whittle welcomes the Custom Labels Group employees, and we are excited about our collaboration to provide unmatched capabilities and value to our respective customers.”

*Revenue for the first quarter was $114.7 million higher than the previous year. Excluding the First American acquisition, which closed on June 1, 2021, revenue increased $31.4 million, or 7.1% year-over-year. *The Payments segment delivered revenue growth of 109.1% over the previous year to $166.2 million. Excluding First American, Payments grew 4.3%. *Net income of $9.7 million included $12.7 million of acquisition amortization from the First American acquisition, as well as an increase in interest expense of $15.8 million driven by the transaction. *Cash flow from operations for the first quarter was $34.3 million and capital expenditures were $20.8 million. Free cash flow was $13.5 million, a decrease of $4.4 million compared to the first quarter of 2021, partially driven by increased cash interest payments.