Thank you for trusting Lowe-Martin to be a strategic component of your business success. As you know, in any business, our client and vendor relationships are critical to exceeding goals and celebrating our achievements.
Ward Griffin, CEO of Lowe-Martin, is pleased to share with you the next chapter in our business journey. We have entered into a strategic agreement for the sale of our web printing division. Lowe-Martin will focus on sheet-fed printing, digital printing, e-commerce, large format digital printing and packaging.
An investment group led by Direct Response Media Group (DRMG) will acquire the assets and ongoing business interests of the web business. The company, led by CEO Patrick Periard, will operate under the name Dollco Print Solutions Group, thereby reemerging the equity of the impactful Dollco brand into a successful, healthy and robust web printing business. This transaction is expected to close and be effective on May 6th, 2019.
Dollco and Lowe-Martin, have also entered into a preferred supplier agreement, ensuring a continuation of service for customers. This strategic move will create two solid companies focused on delivering a strong value proposition through specialization; this is what we set out to do and have achieved.
Both Ward and Patrick are confident this transition will have no impact to current and existing deliverables, your programs and print jobs and look forward to our future together.
We value your business and are grateful for your confidence and we look forward to sharing more information with you in the near future. In the interim, it’s business as usual. For further information regarding Lowe-Martin, please contact Ward Griffin. For further information regarding Dollco, please contact Patrick Periard.
President & CEO
Lowe-Martin Company Inc.
Dollco Print Solutions Group Inc.