Supremex Inc. has acquired substantially all of the assets of Bowers Envelope Company Inc., a manufacturer and printer of envelopes based in Indianapolis, Indiana.
"This acquisition, while relatively small, aligns with our strategy to extend our reach in key markets and to expand our value added offering in packaging and specialty products," said Stewart Emerson, President and CEO of Supremex. "Bowers Envelope is a well-known brand strategically located less than 300 kms from Chicago at 'The Crossroads of America" in a robust envelope market and a major hub for e-commerce distribution."
"We believe our cross-country Canadian operations, our Massachusetts , New York and now Mid-West facilities' capabilities and scale, allows us to be a bona fide regional player in the U.S. Market. With the addition of Bowers Envelope, Supremex is now well-positioned to serve approximately 60% of the U.S. envelope market," added Mr. Emerson.
Bowers Envelope Company Inc. employs approximately 50 people at its 75,000-square-foot facility located in Indianapolis, Indiana.
Supremex Inc. is a leading North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products.
Source : lesprom.com