Taylor Corp. Subsidiary Forges Deal to Acquire Print Solutions Division From Staples

NORTH MANKATO, Minn. — April 19, 2016 — Taylor Corp., a Minnesota-based company and one of the largest privately held companies in the U.S., announced today that it has entered into an agreement to acquire the assets of Staples Print Solutions, a division of Staples Inc. The assets will be acquired by Taylor Communications, a subsidiary of Taylor Corp. The parties expect to complete the transaction within the coming months.

"Staples and our family of companies have been trusted partners for over 20 years," says Deb Taylor, CEO of Taylor Corp. "Throughout this time, we have partnered with Staples to meet the communication needs of their contract and retail business. We are honored that Staples would look to Taylor Communications and entrust us to continue to provide service to their customers and employees."

Taylor continues, "This pending acquisition broadens our ability to provide a full range of print and digital communication solutions, customized to serve our customers’ marketing and business needs. We are thrilled to welcome this business into our family of companies.”

Taylor Corp. previously announced the formation of Taylor Communications under which Staples Print Solutions will go to market.

About Taylor Corp.
Leveraging the diverse capabilities of its more than 80 companies around the world, Taylor Corp., one of the largest privately held companies in the U.S., helps millions of consumers celebrate events and milestones and enables businesses, including more than half of Fortune 500 companies, to express their brands and differentiate themselves in the marketplace. Headquartered in North Mankato, Minn., Taylor Corp. operates world-class facilities in the U.S., Canada, Mexico, U.K., France, India, China, Bulgaria and the Philippines.

Source: Taylor Corp.