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RR Donnelley Wins $375 Million Deal

Wednesday, March 10, 2010

Press release from the issuing company

CHICAGO -- R.R. Donnelley & Sons Company today announced that it has been awarded a $375 million multiyear agreement to provide college textbook printing, graphic management services, packaging, on demand printing and other services to Cengage Learning. Cengage Learning will draw on RR Donnelley's domestic and international capabilities as it helps the publisher deliver highly-customized learning solutions for colleges, universities, instructors, students, libraries and other users under a portfolio of well known company and imprint brands that include Brooks/Cole, Course Technology, Delmar, Gale, Heinle, Schirmer, South-Western and Wadsworth.

"Cengage Learning is focused on obtaining the right balance of sustained value and sustainable solutions," said Ron Dunn, the company's President and CEO. "We believe that RR Donnelley is positioned to deliver both. Its leading position, global resources and turnkey approach will help to streamline processes across the breadth of our supply chain. This, combined with their solid reputation for sustainability practices makes this an appealing partnership for us."

"We are very pleased to have been chosen for this long-term relationship," stated Thomas J. Quinlan III, RR Donnelley's President and CEO. "Our global platform is designed to provide end-to-end solutions that help to reduce costs and cycle times. We also believe that sustainability and operating efficiency are complementary. Using energy more efficiently, recycling, and reducing waste benefits our customers and the communities in which we live and work."

 

 

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