Mergers and Acquisitions, Printers News

Jarden Corp. to Acquire Visant Holding Corp., Parent Company of Jostens, for $1.5 Billion

The transaction adds a market-leading, niche consumer brand to Jarden’s portfolio.

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By: Catherine Diamon

Director, Executive Internal Communications, GAF

Jarden Corp., a global consumer products company, announced that it has entered into a definitive purchase agreement to acquire Visant Holding Corp., the parent company of Jostens Inc. and other entities comprising the Jostens business, for an enterprise value of approximately $1.5 billion from investment funds managed by KKR, a Priori Capital Partners, and other stockholders, or approximately 7.5x adjusted EBITDA. Jostens is a market-leading, iconic brand and trusted partner to schools and stud...

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