Significantly Expands Presence Within Grocery, Convenience and Specialty Store Vertical Markets
Transaction to Drive Revenue Growth, Margin Expansion and Immediate Adjusted EPS Accretion
LSI to Host JSI Acquisition Conference Call at 8:30 AM ET on Tuesday, May 25, 2021
CINCINNATI, May 24, 2021 (GLOBE NEWSWIRE) LSI Industries Inc. (NASDAQ: LYTS) a leading U.S. based manufacturer of commercial lighting and graphics solutions, today announced the acquisition of privately held JSI Store Fixtures (“JSI”) from RFE Investment Partners for a cash purchase price of $90 million.
Maine-based JSI is a market-leading provider of retail commercial display solutions throughout North America. For more than 30 years, JSI has supplied major supermarket, convenience and specialty store chains with branded display solutions focused on enhancing the customer experience and driving store revenue. Multi-year growth in demand for fresh foods, prepared “grab-and-go” meals and evolving consume
Coffee Companies Leverage Advances in Coffee Packaging Market to Expand Scope of Branding Opportunities: TMR
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Steady demand from institutional sales of coffee to sustain the high demand in the coffee packaging market, Asia Pacific offers lucrative avenues through 2027 propelled by popularity of ready to drink (RTD) coffee
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Need for improving the proposition of convenience for end users and demand for packaging materials with better barrier properties drive innovation
ALBANY, N.Y., Jan. 21, 2021 /PRNewswire/ Coffee producing companies rely on packaging for meeting the dual objectives: ensuring the safety and freshness of the packed product and connecting with end consumers. Strides in the packaging sector has gone hand-in-hand with expanding avenue for branding for coffee companies. New packaging materials made from PET and paper and paperboards are extensively used to offer economic benefits to coffee companies as well as increase the convenience of use and reuse of that p