The Lowe-Martin Group of Ottawa, led by CEO Ward Griffin, announced today its acquisition of Dollco Integrated Print Solutions, combining two of Canada’s most historic and largest privately owned printers into a $100-million operation.
Also based in Ottawa, and founded in 1918, Dollco currently employs 260 people who focus on production in the publications sector, while also providing communications for product marketing. Dollco has been owned by the Nicholds family since 1956.
“Dollco has a well-earned reputation as a high-quality, customer-focused print and communications supplier,” said Griffin. “The Nicholds family has contributed a great deal to our industry and our community, so it is a pleasure for me to welcome Kevin Nicholds to our executive team.”
Nicholds, the President of Dollco, will assume the title of President and oversee a new Lowe-Martin division operating in the publication and web printing markets. According to a Lowe-Martin statement, he will play a key role in the development of Lowe-Martin’s marketing and business development strategies.
“I’ve known Ward for many years and have always held his company and its products in the highest regard,” said Kevin Nicholds. “Lowe-Martin is innovative and customer-driven. We share the same values and the same vision for our industry.”
Lowe-Martin was founded in 1908 and today, with around 360 employees, provides a range of services to clients, such as commercial and digital printing, publication printing and subscription services, direct and multi-channel marketing, online ordering, mobile app development, logistics and fulfillment.
With production facilities in Ottawa and Mississauga, Lowe-Martin has won numerous quality awards for its high level of print production, while also being recognized as one of the world’s most-environmentally progressive printers. It now operates as a certified carbon-neutral printer.
“Our vision is to help our customers succeed by improving the quality of their communications and reducing their overall cost of doing business,” said Griffin. “With this acquisition, we can continue to deliver the highest-quality products at any run length. The synergies between our companies provide new opportunities for product development and enhanced levels of customer service. Our customers can be confident that they can rely on us for many years to come.”
In an email sent to Dollco’s clients, Kevin Nicholds describes how this move will solidify Lowe-Martin as one of Canada’s largest private printing operations, writing: “For our customers, this is an exciting development. Like Dollco, Lowe-Martin is known for innovation, environmental leadership and dedication to customer service. Bringing these two successful companies together means the creation of a $100-million company, placing it among the top printing companies in Canada focused on delivering the best services and technologies for marketing, publishing and procurement professionals.”
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