Beverly Reiman

Barrington, Il—Dayton, OH-based Standard Register has agreed to purchase Uarco, a subsidiary of the Settsu Corporation of Japan based here, for $245 million. The acquisition will create one of the nation's largest document management and production companies. The combined annualized sales have been projected to hit nearly $1.4 billion. "The acquisition of Uarco is an integral part of our plan to become the recognized leader in the document management industry," reveals Standard Register President and CEO Peter Redding. The acquisition will be financed through cash and bank financing, says Redding. He adds that Standard Register has debt to total capitalization of about 35

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