Taylor Corp. Completes Acquisition of Staples Print Solutions
Taylor Corp., North Mankato, Minn., has completed its acquisition of Framingham, Massachusetts-based Staples Print Solutions after announcing its intent to acquire the subsidiary of Staples Inc. in April 2016.
"The successful close further strengthens our foundation for future growth," Deb Taylor, CEO of Taylor Corp., said in a press release. "We are pleased to add this business to our organization that has one of the broadest range[s] of communications services, products and technologies, and [an] experienced team dedicated to providing the highest quality products and customer service in the industry."
Last August, Taylor Corp. completed the acquisition of Standard Register, which now is known as Taylor Communications Inc.
This latest acquisition also comes after the lengthy legal battle regarding Staples Inc.'s intent to merge with Office Depot, which a federal judge ultimately shot down.
The newly acquired Staples Print Solutions will go to market along with Standard Register as Taylor Communications Inc. Financial details of the acquisition were not immediately available. We will continue to cover this story as it develops.
For more information on Taylor Corp., visit www.taylorcorp.com.