Supremex Inc., a Canadian manufacturer of a wide range of stock and custom envelopes and a growing provider of packaging and specialty products, has acquired all assets of Premier Envelope Ltd. The acquisition includes affiliated operating entities, and an established manufacturer of stock and custom envelopes, operating in Western Canada.
“Premier Envelope is a tier-one envelope supplier with outstanding manufacturing capabilities and strong complimentary customer relationships to Supremex’ existing customer base in Western Canada,” Stewart Emerson, president & CEO of Supremex, said. “With immediate synergies, this transaction enhances our go-to-market wherewithal, significantly elevates our manufacturing capabilities in Western Canada and improves our ability to unlock capacity in Eastern Canada to support our growth strategy in the United States via our Buffalo Envelope and Classic Envelope platforms.”
Premiere Envelope employs approximately 70 people and generated $12 million CAD in annual revenues from the sale of stock and custom envelopes, both directly and through a network of distributors, to financial institutions, large and small businesses, government organizations, commercial printers and mailing houses. The company has two principal manufacturing locations in Richmond and Edmonton. It also operates a satellite plant in Mississauga.