Industry News, Mergers and Acquisitions, Printers News

Quad Completes Acquisition of Brown

Acquired Brown for net purchase price of $100 million

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Quad/Graphics, Inc. announced the completion of its acquisition of Brown Printing Company for a net purchase price of $100 million. Quad/Graphics used cash on hand and drew on its revolving credit facility to finance the acquisition. “Brown is an ideal fit with Quad/Graphics and the acquisition supports our ongoing strategy to transform both our company and the industry to create value for our clients, employees and shareholders,” said Joel Quadracci, chairman, president and CEO. “As Brown’s ...

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