05.03.18
LSC Communications and R.R. Donnelley & Son’s Company (RRD) announced today they have entered into a definitive agreement for LSC Communications to acquire the Print Logistics component of RRD’s Logistics business. RRD’s Print Logistics capabilities include a range of logistics services and technologies to optimize the print distribution and mail supply chain, including solutions that drive postal discounts. The acquisition is expected to close in Q3 2018.
“As we continue to strengthen LSC’s logistics solution offering, the combination of RRD’s Print Logistics with our recent acquisitions of Fairrington and The Clark Group greatly expands our national footprint,” George Zengo, president of LSC Logistics, said.
“The sale of our Print Logistics business represents a significant step forward in our strategic transformation as a marketing and business communications company,” Dan Knotts, RRD’s president and CEO, added.
This is LSC’s third acquisition in the logistics space in the past 12 months as the company continues to execute its strategic focus on expanding its print and non-print distribution capabilities.
“As we continue to strengthen LSC’s logistics solution offering, the combination of RRD’s Print Logistics with our recent acquisitions of Fairrington and The Clark Group greatly expands our national footprint,” George Zengo, president of LSC Logistics, said.
“The sale of our Print Logistics business represents a significant step forward in our strategic transformation as a marketing and business communications company,” Dan Knotts, RRD’s president and CEO, added.
This is LSC’s third acquisition in the logistics space in the past 12 months as the company continues to execute its strategic focus on expanding its print and non-print distribution capabilities.