R.R. Donnelley & Sons (RRD – Chicago, Illinois), a global provider of marketing, packaging, print and supply-chain solutions, has entered into a share-purchase agreement with Data Communications Management (DCM – Brampton, Ontario), a provider of marketing and business communication solutions. Under the terms of the agreement, DCM will acquire RRD’s Canadian operations and all the issued and outstanding shares of Moore Canada Corporation (RRD Canada), a wholly owned subsidiary of RRD. The agreement contains various representations, warranties, covenants, indemnities and customary closing conditions.
“This transaction not only brings together two organizations with complementary business models, but it also advances and strengthens RRD’s strategic plan to hone in on its core businesses,” said Tom Quinlan, President and CEO at RRD. The transaction is expected to close in the second quarter of 2023, subject to customary closing conditions and receipt of third-party and regulatory approvals, including those required under Canada’s Competition Act. RRD Canada provides print and related services to thousands of customers across Canada – including financial institutions, retailers, insurance providers, transportation companies, government organizations and other regulated industries.