Cenveo Acquires Clixx Direct Marketing Services
STAMFORD, CT—February 11, 2010—Cenveo, Inc. (NYSE: CVO), announced today that the company, through one of its subsidiaries, has acquired the assets of Clixx Direct Marketing Services Inc. (“Clixx”). Clixx delivers a full suite of direct mail, data management, variable imaging and fulfillment solutions, serving the Canadian and U.S. markets for over 25 years. The terms of the transaction were not disclosed.
Robert G. Burton, Sr., Chairman and CEO of Cenveo, stated: “In today’s marketplace we recognize the critical need to offer our customers the full spectrum of print-related solutions encompassing print, direct mail, data management, and distribution. The acquisition of Clixx enhances our full service of offerings and I am pleased to welcome the Clixx team to the Cenveo family while also looking forward to working with them.
Clixx complements Cenveo’s existing product line offerings and will create immediate cross-selling opportunities for both companies’ customers. The acquisition of Clixx, with its strong market reputation and strategic niche product offerings, is an example of how we intend to grow our company by acquiring leaders in high growth sectors of the printing industry. We expect this acquisition to be accretive to earnings.”
Cenveo (NYSE: CVO), headquartered in Stamford, CT, is a leader in the management and distribution of print and related products and solutions. The company provides its customers with low-cost alternatives within its core businesses of labels and forms manufacturing, packaging and publisher offerings, envelope production, and printing; supplying one-stop solutions from design through fulfillment. Cenveo delivers everyday for its customers through a network of production, fulfillment, content management, and distribution facilities across the globe.