CHICAGO--(EON: Enhanced Online News)--LSC Communications (NYSE: LKSD) announced today that it has acquired Continuum, a print procurement and management business, from a subsidiary of Central National Gottesman. This acquisition enhances LSC Communications’ ability to satisfy all client needs across the Company’s print segment, driving scale and efficiency regardless of format.
“This transaction demonstrates our commitment to meeting our clients’ needs by providing the highest quality at the lowest possible cost. We look forward to combining our skills and strengths with those of Continuum, further enhancing value to our clients.”
“Since inception in 2012, Continuum has consistently provided the highest level of service to its clients and has shown consistent growth,” commented Tom Quinlan, Chairman and CEO of LSC Communications. “This transaction demonstrates our commitment to meeting our clients’ needs by providing the highest quality at the lowest possible cost. We look forward to combining our skills and strengths with those of Continuum, further enhancing value to our clients.”
Continuum enables clients to outsource all of their print sourcing and print management needs, allowing them to better manage their total cost and focus on their core strengths. Combining industry-leading knowledge with a vast network of suppliers, Continuum manages the entire print process and generates efficiencies that result in tangible savings for clients.
About LSC Communications
LSC Communications (NYSE: LKSD) is a global leader in traditional and digital print, print-related services and office products that serves the needs of publishers, merchandisers and retailers. The Company’s service offering includes e-services, warehousing and fulfillment and supply chain management. LSC utilizes a broad portfolio of technology capabilities coupled with consultative attention to clients' needs to increase speed to market, reduce costs, provide postal savings to clients and improve efficiencies. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of an international organization.
For more information about LSC Communications, visit www.lsccom.com.
This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements, including risks associated with the ability of LSC Communications to perform as expected as a separate, independent entity and risks associated with the volatility and disruption of the capital and credit markets, and adverse changes in the global economy. Readers are strongly encouraged to read the full cautionary statements contained in LSC’s filings with the SEC. LSC disclaims any obligation to update or revise any forward-looking statements.