Taylor Corp. Completes Acquisition of the Assets of Standard Register
NORTH MANKATO, Minn.—August 3, 2015 —Taylor Corp., one of the U.S.'s largest privately held companies, announced today that it completed its acquisition of the assets of Standard Register (OTC BB: SRCT). The combined company has more than 12,000 employees working in more than 80 companies with operations in 32 states and nine countries.
“The successful close officially turns the page for Standard Register’s customers and employees and moves us into a new chapter that we believe is strengthened as a combined organization," said Deb Taylor, CEO of Taylor Corp. "Moving forward together, we have an even broader range of communications services, products and technologies, and an experienced team dedicated to providing the highest quality customer service in the industry. As we integrate the two companies, we are finding even more ways to provide value to our customers."
Taylor Corp. was the successful bidder for Standard Register through a chapter 11 sale approved by the Bankruptcy Court on June 19, 2015. Standard Register’s chapter 11 case will proceed to allow the debtor entities to administer claims and the remaining assets.
About Taylor Corp.
Leveraging the diverse capabilities of its more than 80 companies around the world, Taylor Corp., one of the largest privately held companies in the U.S., helps millions of consumers celebrate events and milestones and enables businesses—including more than half of the Fortune 500—to express their brands and differentiate themselves in the marketplace. Headquartered in North Mankato, Minnesota, Taylor Corp. owns world-class companies in the U.S., Canada, Mexico, the United Kingdom, France, India, China, Bulgaria and the Philippines.
Source: Taylor Corp.
Source: Taylor Corp..