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Lowe-Martin sells off web division

June 11, 2019  By PrintAction Staff

An investment group led by Direct Response Media Group (DRMG) has acquired the assets and ongoing business interests of Lowe-Martin’s web business. The company, led by CEO Patrick Periard, will operate under the name Dollco Print Solutions Group.

The transaction closed on May 12, 2019.

Dollco and Lowe-Martin, also entered into a preferred supplier agreement, which they say will ensure a continuation of service for customers. The move will create two companies “focused on delivering a strong value proposition through specialization,” they explain.

Through a statement to its customers and vendors, Lowe-Martin CEO Ward Griffin explains the company will focus on sheetfed printing, digital printing, e-commerce, large-format digital printing and packaging, noting that both Periard and Griffin are “confident this transition will have no impact to current and existing deliverables,” programs and print jobs.

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