Close this search box.
Join Forces with Top Brands at Portada Live, NYC, Sept, 19, 2024!

Printing Company Cenveo Submits Bid for Banta to no Avail

Cenveo bids for Printing and Direct Marketing Company in a hostile takeover.


Though reeling from disappointing quarterly earnings and a scaling-back of printing sites from five to just two, Wisconsin-based printing company Banta rejected rival Cenveo's buyout offer of $1.1 billion, saying that the company was not for sale.

Cenveo contended that the merger would have produced a printing powerhouse with more than $3 billion in sales that would be more competitive than either entity could be on its own.

Following the news, Banta shares sky-rocketed roughly 35% to $46.15, before receding slightly. Cenveo, for its part, posted a more modest gain of 4%, to $19.25 a share.

Banta made news in the back in April when it partnered with Geoscape to more effectively identify social and economic nuances within the U.S. Hispanic market (/productdetails.aspx?productID=1779).

Meet & Learn
Portada Live Events


April, 10, 2025

Latin America

April, 10, 2025

Popular Now

Boost Your Sales

Who is Moving Now

The Latest

Hispanic AVOD

Upfront Players Bet on Hispanic AVOD Growth

At the Upfront presentations in New York City, Hispanic-targeted companies like Televisa-Univision, Telemundo, Canela Media, MyCode and others touted their AVOD offerings. Recent data backs the rationale of high growth in Hispanic AVOD.

Get our e-letters packed with news and intelligence!