Donnelley (R.R.) & Sons Co. (NYSE:RRD.WI)
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R. R. Donnelley & Sons Company (NYSE:RRD) today announced
that it has entered into a definitive agreement with RSM Richter Inc.,
acting as the Court-appointed Receiver, to purchase substantially all
equipment assets of the Grafikom MIL facility, a well-known producer of
high quality marketing and financial printing located in Toronto. Under
the terms of the agreement, RR Donnelley will also purchase selected
printing equipment from Grafikom elsewhere in Canada which will be used
to enhance its existing printing platform in Western Canada. The
acquisition agreement is subject to customary court approval and is
anticipated to close within 2 weeks.
According to Allen Hallis, President of RR Donnelley Canada, “The
acquisition and re-launch of the MIL printing facility in Toronto will
complement our existing manufacturing platform, enabling us to provide
significant added value to our customers and other organizations that
have historically been serviced by the MIL operation. Additional
printing assets from other Grafikom plants will augment our capacity and
capabilities in our Western Canadian manufacturing platform. We will be
even better positioned to provide coast-to-coast print management
services and to be our customers’ first choice for comprehensive print
communications.”
About RR Donnelley
RR Donnelley (NYSE: RRD) is the world’s premier full-service provider of
print and related services, including business process outsourcing.
Founded more than 144 years ago, the company provides products and
solutions in commercial printing, direct mail, financial printing, print
fulfillment, labels, forms, logistics, call centers, transactional
print-and-mail, print management, online services, digital photography,
color services, and content and database management to customers in the
publishing, healthcare, advertising, retail, technology, financial
services and many other industries. The largest companies in the world
and others rely on RR Donnelley’s scale, scope and insight through a
comprehensive range of online tools, variable printing services and
market-specific solutions.
For more information, and for RR Donnelley's Corporate Social
Responsibility Report, visit the company's web site at http://www.rrdonnelley.com.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" as defined in
the U.S. Private Securities Litigation Reform Act of 1995. Readers are
cautioned not to place undue reliance on these forward-looking
statements and any such forward-looking statements are qualified in
their entirety by reference to the following cautionary statements. All
forward-looking statements speak only as of the date of this news
release and are based on current expectations and involve a number of
assumptions, risks and uncertainties that could cause the actual results
to differ materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements contained in
RR Donnelley's filings with the SEC. RR Donnelley disclaims any
obligation to update or revise any forward-looking statements.