Workflow Management Acquires Two More Firms
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However, OEI's manufacturing facilities aren't included. "When reviewing the strategic potential of this acquisition, we determined that by separating the sales force from the manufacturing operations we could significantly maximize distribution sales," D'Agostino notes.
"We plan to sell off the manufacturing operations. By divesting of the manufacturing units by product line, we have been able to attract potential buyers that would not have been able to consider a purchase of OEI as a whole."
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