Cenveo, a manager and distributor of print products and solutions, has acquired Impaxx, the sole owner of Gilbreth Packaging Solutions, from affiliates of Aurora Capital Group, a Los Angeles private equity firm.
Gilbreth operates a facility in Pennsylvania and has approximately 75 employees.
It uses multiple printing technologies as a full-service manufacturer and marketer of full body shrink sleeves, tamper evident neck bands and medical and electronic tubing.
Gilbreth’s customer base includes a number of blue chip consumer product companies.
The terms of the transaction were not disclosed.
Robert G. Burton, Sr., Cenveo chairman and chief executive officer, says: "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."
