Following its bankruptcy, the company, which will be known as Cenveo Worldwide Limited, will be privately held. As a result of its restructuring, Cenveo will benefit from a strong balance sheet. The company has reduced its debt pile from around $1.1bn to approximately $300m. Burton, Jr., chief executive at Cenveo.
Who bought Cenveo?
CJK Group, Inc.
Who owns Cenveo worldwide?
Former Cenveo Commercial Printing Plants 'Quietly' Sold to JAL Equity as Part of ColorArt Formation. ColorArt and Eran Salu, managing director of Sarasota, Fla. -based private equity firm JAL Equity, are not household names within the commercial printing industry. But perhaps they will be one day.18 Aug 2021
What does Cenveo do?
Cenveo, Inc. is a leading global provider of print and related resources, offering world-class solutions in the areas of envelopes, custom labels, commercial print, publisher solutions and business documents.
Who owns Cenveo?
While Cenveo is a publicly traded company, the Burton family exercises an outsized role. Burton owns 10.2 percent of the company's shares. Sons Robert Burton Jr. and Michael Burton serve, respectively, as president and chief operating officer.4 Mar 2018
Is Cenveo still in business?
Is Cenveo going out of business? No. As a result of this process, Cenveo will significantly reduce the amount of debt on the balance sheet, increase cash flow available to invest in the business, and create a stronger and more competitive company in the future.
Is Cenveo public?
Type Public company
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Products Commercial printing, envelopes, label manufacturing, packaging and publisher services
Revenue $1.66 billion (2016)