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Received combined net proceeds of $58.6 million.
December 21, 2021
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
Quad/Graphics, Inc. announced it has completed the sale of its former Oklahoma City, OK, and Fernley, NV, manufacturing facilities to affiliates of Industrial Realty Group, LLC, one of the country’s largest owners of commercial and industrial properties, for combined net proceeds of $58.6 million. Quad will use proceeds from the sale to reduce debt and continue accelerating its competitive position as a marketing solutions partner.
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