Wednesday, October 18, 2006

A Seller’s Market - for printers too

Over the past several years many paper mills have been sold or shut down, also over the last three years the North American label printing industry has witnessed an unprecedented rise in acquisition activity. The ownership of companies across revenue ranges is increasingly changing hands – some acquired by strategic investors (printing and packaging conglomerates) and some by financial investors (private equity firms and financial services companies). The evolutionary foundation upon which our industry was built is shifting as the entrepreneurs who founded companies in the 1960s, ’70s and ’80s are approaching retirement age in a market where private equity capital has never been so plentiful, nor valuations so high.

No comments: