REPACORP PURCHASES HOOVEN-DAYTON ASSETS AND IP, REMAINING ASSETS TO BE AUCTIONED ONLINE.

Position:INDUSTRY News
 
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* Repacorp, Inc., a label manufacturer with headquarters in Tipp City, OH, USA, has acquired Hooven-Dayton Corp.'s assets and intellectual property. The deal took place on June 8, 2018. The asset purchase terms have not been disclosed. Some equipment will be incorporated into Repacorp's three facilities located in Ohio, Wisconsin and Arizona. The rest of the equipment will be auctioned on July 11, 2018.

The Branford Group, an industrial auction company, with Joseph Finn Co. & North East Printing Machinery, will conduct an online auction for the remaining assets formerly owned by Hooven-Dayton Corp.

The webcast auction will take place on Wednesday, July 11th, 2018 and begin at 10:00 AM (EST). There will be a one day preview and inspection open to the public on Tuesday, July 10th from 9:00 AM - 4:00 PM (EST).

Hooven- Dayton Corp. was founded in 1935 and was a narrow web converter and specialty printer offering digital and flexographic label printing, coupons and flexible packaging. They also served a broad spectrum of Fortune 500 companies in the consumer, food and beverage, industrial, automotive and one of the top 5 state lottery markets, and has experience with a wide variety of applications.

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