|
MESSAGE FROM MICHELE |
Welcome to the latest installment of ASI'e-newsletter for the Canadian ad specialty market, Promogram Canada.
We've received such positive feedback from readers regarding the initial editions that we plan to continue culling together industry news that affects ad specialty suppliers and distributors in the Canadian marketplace.
Please don't hesitate to e-mail me directly with any news pertaining to your company, such as mergers and acquisitions, new hires, awards and accolades received, creative client promotions or new product launches. You can reach me directly at (215) 953-3323 or mbell@asicentral.com.
The D. Group Acquires Trevelyan Leather
In a deal struck between two Ontario-based suppliers, The D. Group (asi/47977) has acquired Trevelyan Leather. Financial terms of the agreement, which was finalized last week after two months of negotiations, were not disclosed. The integrated company – now known as DgroupTrevelyan – will manufacture items out of a new facility in Toronto. "We'll be able to offer distributors a wide variety of materials at good price points," said Niv Ben-Haim, managing partner at DgroupTrevelyan, in an interview with Counselor. "That will be a great benefit to our customers and allow them to close more deals."
A combined 2012 catalog, featuring products from The D. Group and Trevelyan Leather, will be available in late December. According to Ben-Haim, Trevelyan's entire staff of 45 people has been retained in the acquisition. Lake Trevelyan, president of Trevelyan Leather, has been named vice president of sales at DgroupTrevelyan. "With the ever-increasing direction toward value-added creativity and domestic manufacturing, it is very exciting that Trevelyan can add its 88 years of experience to a young and vibrant creative manufacturing concern," said Trevelyan. "We can collectively now offer a combined range of exciting, innovative, quality products and our full custom capabilities to the promotional marketplace."
Attributing gains to more aggressive marketing in the U.S., Ben-Haim says sales at The D. Group have increased 7% in 2011. He expects his company's revenues to grow about 12% through the acquisition and subsequent improvements. "Clients that have worked with Trevelyan will now be exposed to more products and vice versa," Ben-Haim said. "We'll be manufacturing everything made-to-order. I think 2012 will be even more promising than 2011, with more business for us."
Ad n Art Acquires Proma Décor
Eric Pisarevsky, owner of industry supplier Ad n Art (asi/31518), announced the acquisition of Proma Décor for an undisclosed amount.
Proma Décor, located on the south shore of Greater Montreal, has been supplying decorated glassware and ceramic drinkware products for over 25 years to the ad specialty industry, mostly in Canada, but also into the USA.
"The Proma Décor acquisition was done with the intent of increasing and upgrading Ad n Art's current production capabilities," said Ben Petersen, the company's vice president, in a press release. "Ad n Art feels this acquisition will greatly improve their overall production facilities and speed up delivery to their clients."
For more information e-mail ben@adnart.com or go to www.adnart.com.
Gemline Expands its Shipping Option for Canada
Counselor Top 40 supplier Gemline (asi/56070) has added Montreal as a new FOB point to better service customers in Quebec and the Eastern provinces. The company says this new shipping option will provide significant savings on freight shipped to the region, and will reduce overall order costs for Canadian distributors. Provinces that will benefit from the new FOB Montreal location include: Quebec, New Brunswick, Newfoundland, Labrador, Nova Scotia and Prince Edward Island.
Gemline is the industry’s premiere supplier of bags, business accessories and gifts and is ranked as the 16th largest industry supplier, according to Counselor’s annual list of Top 40 suppliers, based on sales. For more information about Gemline, visit the company’s website at www.gemline.comor contact Wendy Farrell at wfarrell@gemline.com.
|