Deal Enhances IWCO Direct’s Standing

IWCO Direct will acquire Transcontinental Direct's U.S. operations in Warminster and Hamburg, PA; Downey, CA; and Ft. Worth, TX. Transcontinental's U.S. direct mail group generated revenues of $153 million in 2009 and employs about 1,200 people, according to the company. The acquisition builds IWCO Direct into the sales range of roughly $380 million.