TC Transcontinental acquires Holland & Crosby, growing in-store marketing product printing
By PrintAction Staff
By PrintAction Staff
TC Transcontinental has acquired Holland & Crosby Limited, a manufacturing company specialized in in-store marketing product printing, including advertising display and signage, for North American retailers.
Located in Mississauga, Ont., Holland & Crosby Limited employs 85 people and has expanded consistently through organic growth and acquisitions. Founded in 1932, the company specializes in a range of visual marketing solutions from design to manufacturing, including distribution, installation and storage. It also specializes in the printing of large-format advertising display, semi-permanent or permanent in-store promotional material, adhesive décor in various sizes.
TC Transcontinental explains the transaction will expands TC Transcontinental Printing’s presence in the in-store marketing product market and broadens its manufacturing capabilities.
“Thanks to this acquisition, we gain entry into the in-store décor and permanent display vertical in which the company has developed highly specialized expertise,” said François Olivier, President and CEO of TC Transcontinental. “Holland & Crosby Limited will enable us to serve new customers but also offer our current customers a new array of innovative and sought-after products in the in-store marketing product printing vertical, an expanding market in which TC Transcontinental has been experiencing strong growth for many years. The complementary nature of the acquired activities provides us with good growth opportunities and attractive cost synergies, notably in terms of procurement. We are pleased to welcome the Holland & Crosby Limited team to TC Transcontinental and we look forward to sharing our expertise and know-how.”
Scott Crosby, co-owner of Holland & Crosby Limited, who will continue in his role with the TC Transcontinental Printing team, added: “It’s a great honour for us to join the ranks of Canada’s largest printer. We could not have hoped for a better partnership for the continued development of our products and services within such a solid corporation with a long-term vision. Early on, we saw the similarities in our values and the operating of our family businesses. We are convinced that the entrepreneurial passion, respect for customers and pursuit of quality that have always defined TC Transcontinental and Holland & Crosby Limited are a strong basis for future success.”