M&A Deal Summary

Aerojet Rocketdyne Acquires Printworld

On May 8, 1997, Aerojet Rocketdyne acquired business services company Printworld

Acquisition Highlights
  • This is Aerojet Rocketdyne’s 1st transaction in the Business Services sector.
  • This is Aerojet Rocketdyne’s 1st transaction in the United States.
  • This is Aerojet Rocketdyne’s 1st transaction in North Carolina.

M&A Deal Summary
Date 1997-05-08
Target Printworld
Sector Business Services
Buyer(s) Aerojet Rocketdyne
Deal Type Divestiture

Target

Printworld

Monroe, North Carolina, United States
Printworld is widely respected for innovative design and technical achievement in transfer printing. In addition to its extensive line of paper laminates for the furniture and building product industries, Printworld utilizes a unique printing process for natural and synthetic fabrics used in the apparel and home furnishing industries.

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Buyer(S) 1

Buyer

Aerojet Rocketdyne

El Segundo, California, United States
Category Company
Founded 1915
Sector Aerospace
Employees4,814
Revenue 2.2B USD (2021)
DESCRIPTION

Aerojet Rocketdyne is a technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale and leasing of the Company's excess real estate assets. Aerojet Rocketdyne was formed in 1915 and is based in Rancho Cordova, California.

DEAL STATS #
Overall 1 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 3
State (North Carolina) 1 of 1
Country (United States) 1 of 3
Year (1997) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-09-17 OMNOVA Solutions

Beachwood, Ohio, United States

OMNOVA Solutions, Inc. is a manufacturer of emulsion polymers and specialty chemicals. OMNOVA was formed in 1999 and is based in Fairlawn, Ohio. OMNOVA Solutions was founded in 1999 and is based in Beachwood, Ohio.

Sell -
Mergr

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