Press release from the issuing company
Commercial Envelope operates five strategically-located production facilities across the Eastern
Robert G. Burton, Chairman and Chief Executive Officer of Cenveo, stated:
"The acquisition of Commercial Envelope will strengthen Cenveo's operations in some significant ways. Their world-class operations are complementary to ours and the combination will enhance our ability to service the direct mail marketplace. We believe that the combination of these two industry leaders will result in the strongest, most efficient and most diversified asset platform in the envelope industry that will be able to serve all of our customers' needs. "
Ira B. Kristel, of Commercial Envelope stated:
"As a leader in the envelope market, Commercial Envelope is very proud of its strong reputation for excellence made possible by the loyalty and talent of our valued employees. This combination is a powerful, positive opportunity for us to better serve our customers as we solidify our position as the country's premier envelope manufacturer. I look forward to working with the Cenveo team, and the benefits our combined companies will share."
Mr. Burton concluded:
"We continue to execute on our plan to make strategic acquisitions of high-quality niche companies in growth areas of the printing industry. The acquisition of Commercial Envelope is strategically advantageous to Cenveo as it adds considerable strength to our direct mail platform with the addition of their world-class asset base. We intend to continue to acquire strong and respected companies like Commercial Envelope. I look forward to working with Steven and Alan Kristel and their team, and a swift completion of this transaction. "
© 2023 WhatTheyThink. All Rights Reserved.