AURORA, ONTARIO—

 Avant Imaging & Integrated Media (AIIM ) has been acquired by  Vegvisir Capital a private equity company . AIIM was founded in 1990 by Frank and Mario Giorgio. A commercial printer with two 40'  offset presses ( 6 & 10 colour), wide format, digital presses and an inkjet web. With a staff of 65 in a 60,000 sq. Ft plant and sales over $10 million. AIIM focused on highly personalized direct marketing, using print, mobil and social media for their clients to attract, acquire, and retain customers through a unified offering. AIIM's platform serves over 150 enterprise customers including leading financial services, insurance, retail, non-profit organizations, and government agencies.  

GEORGETOWN, ONTARIO— 

Marquis Book Printing  has acquired  GTW  a 57-year-old book distributor operates a Toronto region based warehouse facility. GTW serves  some of the largest publishers in North America . Marquis will be adding distribution to its list of services with the acquisition of GTA-based book distributor Georgetown Terminal Warehouses. Georgetown Terminal Warehouses operates an 80,000-square foot facility in Georgetown, Ontario, about 50 km west of Toronto. 

MISSISSAUGA,—

 Veritiv Corporation announced that it has sold its Veritiv Canada, business to Imperial Dade. Veritiv's approximately 900 employees in Canada are now employees of Imperial Dade. Veritiv Canada is Headquartered in Mississauga, with 11 other locations across Canada, Veritiv Canada is Canada's second largest paper merchant also sells janitorial and hygiene products print and foodservice packaging products. Unisource and Xepedex were renamed Veritiv when they merged in 2014. 

ROCHESTER . NEW YORK—

 Xerox posted a net loss of $56 million, for the quarter, after earnings of $39 million, in the year-earlier period. Revenue fell to $1.668 billion from $1.710 billion a year ago. Activist investor Carl Icahn has upped his stake in Xerox after its share price fell sharply last week. Activist investor Carl Icahn has upped his stake in Xerox after its share price fell sharply last week. His purchase raises his stake to around 22% of the company.

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Flint Group  announced the launch of its Kryoset ink series, a development that enables production of heatset quality products within the conventional heatset process without the need for the drying process. Tony Lord President of Flint Group Commercial Publication Web and Flint Offset Packaging Solutions divisions said  "We have been developing this product for some time initially directed towards the retail market as a response to the desire to reduce the carbon footprint within the heatset print process .

HEIDELBERG , GERMANY— 

 Heidelberger has returned to profitability. At €2.183 billion, sales were around 14 percent higher than the previous year. The reporting period showed a clear recovery from the previous year, hard hit by the effects of the COVID 19 pandemic. The noticeable improvement was the increase in incoming orders received by more than €2.454 billion.

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BRACEBRIDGE, ONTARIO—

 McLaren Press Graphics has informed its customers of the pending closure after four decades in business. Company President Drew McLaren cited numerous issues leading to the decision including a global paper shortage, increases in material costs, as well as labour shortages. Mclaren Press will complete all current orders and will close on  May 31st. The last two years have been challenging with business running at 40% lower . Their second largest client ceased publishing at the start of Covid. Then in January of 2022 their largest customer closed its doors.

MONTREAL—

 As a result of the continued rising costs, Flint OPS has no choice but to announce further price increases,” said the global printing inks manufacturer.“The last two years have proved to be an extremely challenging period of time for the print industry,” said Tony Lord, president of Flint Group Offset Packaging Solutions.“Raw materials continue to suffer from increased demand and an exponential increase in pricing.

MISSISSAUGA— 

Agfa is taking steps to  expand the GreenWorksSM program. The GreenWorks initiative accredits customers in the graphic communications industry throughout North America who achieve greener outcomes through technology, products, services, and practices. Agfa is broadening the GreenWorks criteria to include PressTune, InkTune, and SPIR@L screening technologies.