Supremex Inc. of LaSalle, Quebec, has purchased Premier Envelope Ltd., which employs around 70 people and generated approximately $12 million in annual revenues last year from the sale of stock and custom envelopes, both directly and through a network of distributors.
Supremex, self described as Canada’s largest manufacturer of stock and custom envelopes, as well as a packaging and specialty products, has five locations in Western Canada, two in Ontario, and two in Eastern Canada, as well as two locations south of the border. Supremex employs approximately 650 people.
“Premier Envelope is a tier one envelope supplier with outstanding manufacturing capabilities and strong complimentary customer relationships to Supremex’ existing customer base in Western Canada,” said Stewart Emerson, President & CEO of Supremex. “With immediate synergies, this transaction enhances our go-to-market wherewithal, significantly elevates our manufacturing capabilities in Western Canada and improves our ability to unlock capacity in Eastern Canada to support our growth strategy in the United States via our Buffalo Envelope and Classic Envelope platforms.”
Premier Envelope has two principal manufacturing locations in Richmond, British Columbia, and Edmonton, Alberta and also operates a satellite plant in Mississauga, Ont.
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