Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

Quad to Sell Omaha Packaging Plant

Quad continues to invest in and grow its core packaging platform.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Quad/Graphics, Inc. announced that it has reached a definitive agreement to sell its Omaha packaging plant for $40 million to Graphic Packaging International. The transaction is expected to close on or about Jan. 31, 2020, and Quad will use proceeds from the sale to reduce debt. “The Omaha plant’s focus on high-volume, low-cost converting for folding cartons is a great fit with a vertically integrated supplier like Graphic Packaging, which operates both paperboard mills and converting facilitie...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters