Trend Offset Printing and LSC Communications Enter into a Definitive Agreement for Trend to Acquire LSC’s Retail Offset Printing Facilities

LSC Communications (NYSE: LKSD) and Trend Offset Printing announced today that they have entered into a definitive agreement for Trend to acquire LSC’s retail offset printing facilities. Newspaper inserts, which are traditionally used by retailers to advertise promotional offers, are the main product produced on LSC’s retail offset assets. The agreement is subject to customary closing conditions and is expected to close during the second quarter.

Anthony Lienau, Chairman of the Board of Trend Offset, commented, “This acquisition will further Trend’s commitment to the retail sector of our business. Trend Offset is dedicated to providing all clients with great customer service, superior quality and increasing speed to market across all of our plants and platforms. We look forward to providing a smooth transition for customers and employees alike.”

John Coyle, President of LSC’s Catalog and Retail business, commented, “LSC’s priority is to create a seamless transition for our retail offset clients. With Trend as a strong leader in retail offset printing and LSC’s continued focus on our key growth areas, such as new technologies, digital solutions, postal optimization and logistic services, this direction will provide the greatest opportunity for both companies to deliver even more value for our clients.”
http://investor.lsccom.com/news-releases/2018/05-02-2018-133015582