Minnesota-based Taylor Corporation, the parent company of Top 40 supplier Taylor Promotional Products and Top 40 distributor Amsterdam Printing (asi/121500), has completed its acquisition of Staples Print Solutions, a division of Staples Inc.
Announced in April, the deal for Staples Print Solutions, which does not involve Top 40 distributor Staples Promotional Products (asi/120601), includes about 10 of Staples’ printing facilities. The assets will officially be acquired by Taylor Communications Inc., a subsidiary of Taylor Corporation that the company formed after acquiring Top 40 distributor Standard Register through Standard Register’s bankruptcy proceeding last year.
“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 ranges of communications services, products and technologies, and [an] experienced team dedicated to providing the highest quality products and customer service in the industry.”
The acquisition was not affected by the failed merger between Staples Inc. and Office Depot in May. Staples Print Solutions will go to market under the Taylor Communications name.