“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,” said Stewart Emerson, President & CEO of Supremex. “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.”
Premier Envelope employs approximately 70 people and generates about $12 million in annual revenues from the sale of stock and custom envelopes, both directly and through a network of distributors. Its clients include financial institutions, large and small businesses, government organizations, and commercial printers and mailing houses, primarily located in Western Canada.
Supremex is the only national envelope manufacturer in Canada, with facilities in seven provinces and two centres in the U.S. The company employs close to 650 people. Supremex manufactures and distributes products tailored to the specifications of major corporations, national re-sellers, government entities, paper merchants, statement processors and solutions providers.