Court Approves Cenveo's Acquisition of National Envelope
September 13, 2013
In conjunction with Hilco Receivables and Southern Paper, Cenveo will acquire substantially all of the assets of National Envelope.
Cenveo, Inc. announced the U.S. Bankruptcy Court for the District of Delaware approved the sale of National Envelope’s assets. In conjunction with Hilco Receivables (acquiring substantially all the accounts receivable) and Southern Paper (purchasing the inventory), Cenveo will acquire substantially all of the assets of National Envelope. The parties expect the sale to formally close on Monday, Sept. 16, 2013.
After 43 years in the ink industry, many would consider Joe Kelly, R&D director of liquid water-based inks for INX International Ink Co., an industry “survivor.” He believes the more appropriate term is “thriver.”