Toronto, Ontario-based supplier Canada Sportswear (UPIC: CANA0004) has acquired Embossing Solutions, Inc.
In a statement, Ralph and Howie Goldfinger, Canadian Apparel’s directors, say: “We have been working with Steve [Nagymarosi, president of Embossing Solutions] at Embossing Solutions for over five years, and the synergies of our two organizations will be able to deliver a full-package creative solution that helps organizations build brand equity through our loyal distributors network. The acquisition is a long-term strategic partnership delivering innovations for tomorrow.”
Embossing Solutions, located in Aurora, Ontario, will continue to be managed by Nagymarosi. He says, “I am very pleased to join forces with Canada Sportswear, a long-term client. We are the best at what we do. I look forward to working with a great team to allow me to expand my services through the extensive distribution network of Canada Sportswear. Business will be as usual and there will be no interruption or changes. We will combine the best of both organizations.”