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St Regis Acquires Waterleaf Studios
Vol. 853 
September 22, 2011

Indianapolis-based St Regis Crystal (asi/84592) has acquired Toronto-based supplier Waterleaf Studios (asi/95418), the companies have announced. Financial terms of the deal were not disclosed. "This acquisition presents tremendous opportunities for both companies," said Richard Firkser, president & CEO of St Regis Crystal. "Waterleaf Studios has spent 28 successful years developing its creative, innovative and technical skills. We look forward to growing this fantastic line."

Founded in 1983, Waterleaf specializes in cast paper plaques, custom framing, certificate programs, corporate artwork and stained glass. According to the terms of the purchase agreement, all Waterleaf manufacturing and shipping will be relocated to the St Regis Canadian facility in Markham, Ontario. Beginning in the spring of 2012, Waterleaf expects to fulfill its U.S. orders from the St Regis plant in Indiana.

Established in 1999, the St Regis Group supplies awards, recognition products and corporate gifts. Besides Waterleaf Studios, St Regis Group also owns The Martin Company (asi/68915), Etching Industries (asi/52770), St Regis USA (asi/84592) and St Regis Canada (asi/84595).

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