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26 April 2023
RR Donnelley Canada Deal Closes
BRAMPTON , ONTARIO—
DATA Communications Management (“DCM”) announced the closing of its previously announced acquisition of the Canadian operations of R.R. Donnelley & Sons (“RRD Canada”) for a total cash purchase price of $130.8 million. With total sales around $520 million, this will make DCM the third largest printer in Canada . Transcontinental number one , VistaPrint's Canadian operation number two and then DCM.
“The acquisition of RRD Canada is a significant milestone for DCM and provides an exciting opportunity for us to continue our momentum in building both a better and bigger business,” said Richard Kellam, President & Chief Executive Officer of DCM. “We believe that this is a compelling strategic opportunity to accelerate our growth agenda by leveraging our expanded portfolio of best-in-class products and services, stronger execution capabilities, and enhanced speed to market for new innovations. As one company, we are now focused on driving growth and value creation by delivering consistent and seamless service to our customers and positioning DCM for sustainable and long-term success.” DCM announced that RRD Canada President Rael Fisher will assume a new role as Chief Integration Officer, reporting directly to Kellam.
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