Cenveo Inc. will purchase Commercial Envelope Manufacturing Inc. Terms of the acquisition were not disclosed. The transaction is expected to close during the third quarter.
The acquisition brings a company that generated $160 million in revenue under Cenveo’s umbrella. The Kristel family, which founded Commercial Envelope in 1924, will remain with the company following the acquisition.
Commercial Envelope’s properties include five production facilities located across the eastern United States. The plants produce 45 million envelopes per day. The company employs approximately 700 workers.
Cenveo, Stamford, CT, offers a wide variety of print products and services.
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