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13 December 2023
Ottawa Lettershop Sold To Trico Packaging & Print
OTTAWA—
Trico Packaging & Print Solutions announced its 4th acquisition of 2023; Ottawa Lettershop. For over 20 years, Ottawa Lettershop has serviced the National Capital Region providing print, mail and marketing services. Former owner Gordon Doig will remain with the company in a consultancy capacity. Equipment and staff will be moving to the Trico's location. The purchase affirms Trico’s commitment to the direct response marketing space increasing its data, inserting and ink-jetting capabilities.
Trico was purchased by Michael Hothi in early 2020 at the onset of the Covid-19 pandemic. This is the 6th acquisition of the last two years having acquired Ottawa/Gatineau companies, Marquardt Printing and Sotek Graphics in 2022 as well as Rideau Mailing and select assets of Imprimerie Vincent. Hothi is also the owner of Canadian Printing Resources located in North York and Ottawa based industrial supply company, Iron Bull Industrial. Combined sales of Trico CPR is around $25 million with around 75 employees.
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