Mohawk Fine Paper Purchases Crane Stationery
Mohawk Fine Papers, Inc. announced that it has purchased Crane Stationery Corporation of North Adams, MA for an undisclosed amount. This acquisition includes all three premium Crane brands – Crane & Co., William Arthur and Vera Wang. This marks the latest expansion for Mohawk and is a natural evolution for this fourth generation, family-owned paper company. Founded in 1801, Crane has been synonymous with luxurious cotton papers and the finest personalized stationery in the world. “The Crane name and reputation has withstood the test of time for more than 200 years and we are very excited to add this legendary paper and stationery brand to our family portfolio,” said Tom O’Connor, Mohawk Chairman and CEO. The combined companies will expand Mohawk’s product offering to include Crane’s extensive, iconic line of boxed stationery, wedding invitations, holiday cards and other personalized products, as well as Crane Crest, Crane Bond and Crane Lettra. Mohawk and Crane will maintain their respective existing brand names and continue to offer their unique portfolios and offerings, while at the same time expanding products, offerings and channels. Click Read More below for additional information.