LSC Communications (NYSE: LKSD) announced today that it has acquired Fairrington Transportation, an industry leading full-service mailing and logistics provider. Fairrington’s capabilities include a complete range of logistics services from freight management to postal optimization solutions.
Founder and CEO of Fairrington, Victor Warren said, “Fairrington has been providing delivery solutions that meet our clients’ needs for 36 years. We are excited that joining forces with LSC will give us the scale necessary to expand our service offerings.”
Thomas J. Quinlan III, Chairman and CEO of LSC, further commented, “Fairrington’s experienced leadership, combined with the fact that publications such as magazines and catalogs are at the core of many of our clients’ businesses make this acquisition a natural fit for LSC. Our strategic focus is to continue to expand LSC’s logistics service offering in ways that add value to our clients’ traditional print supply chains, and beyond.”
About LSC Communications
With a rich history of industry experience, innovative solutions and service reliability, LSC Communications (NYSE: LKSD) is a global leader in print and digital media solutions. The company’s traditional and digital print-related services and office products serve the needs of publishers, merchandisers and retailers around the world. With advanced technology and a consultative approach, LSC’s supply chain solutions meet the needs of each business by getting their content into the right hands as efficiently as possible.
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.
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