Supremex Inc., a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, announced the acquisition of the shares of Impression Paragraph Inc., an integrated provider of paper-based packaging, print and point of sale products for a broad range of commercial markets. The transaction was concluded for a total consideration of approximately $26.6 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the Company’s existing credit facility. Founded more than 35 years ago, Paragraph operates two facilities located in Ville-Saint-Laurent and Saint-Hyacinthe, Québec. Its offering consists primarily of folding carton packaging and point-of-sale displays for the cosmetic, pharmaceutical, food, confectionary and retail sectors. It also provides an array of commercial, digital and wide-format printing. For the 12-month period ended October 31, 2022, Paragraph generated sales of approximately $38.6 million.
R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of marketing and business communications services, today announced the launch of a comprehensive solution, Onsite Marketing Services, which enables retailers to seamlessly manage the design, ideation, procurement, and installation of store signage and fixture solutions.
Ideal for growing retailers with a network of regional locations, vehicles, and/or franchisees, RRD’s solution offers retailers access to a full suite of in-sync, in-store marketing support, including managing installation, permanent/semi-permanent procurement, site surveys, and store audits. Small staff sizes, multiple vendors, and nonconforming store profiles pose significant barriers for retailers to achieve their marketing vision. By working directly with RRD’s local and regional resources able to manage, coordinate, and schedule signage deployment and setup, the solution effectively reduces the burden on both marketing teams and store associates while improving brand compliance and enhancing the in-store experience.
“Throughout the pandemic, store communications and compliance have become increasingly important as retailers seek to communicate new messages to consumers, from social distancing and other safety measures to new methods of shopping like curbside pickup,” said Toni Thompson, President, RRD Retail Solutions. “Managing the evolving market demands and accelerated tempo for new signage can be challenging for small and mid-sized retailers. This solution leverages our scale to better serve localized needs, saving time and money without sacrificing quality or reliability, and while maintaining existing vendor relationships.”
Onsite Marketing Services offers access to certified installers and nationwide reach to support full project execution – from individual store preparation to onsite implementation and post-installation reporting and tracking. Multiple retail sectors can benefit from this solution, including quick-serve restaurants, home improvement stores, automotive dealerships, hospitality properties, grocery/convenience stores and more.