Royal Industries Acquires DLX Industries And Paulmay Company
Supplier Royal Industries (PPAI 113838) in Brooklyn, New York, has acquired supplier DLX Industries, Inc. (PPAI 113716) and the Paulmay Company. Terms of the deal were not disclosed.
“The acquisition of the DLX Industries and the Pamcolite Line is a perfect complement to Royal’s line,” says Ari Ruden, vice president of Royal. “It includes vinyl specialties from card cases to clipboards, portfolios to pocket planners, as well as unique imported items that were added from last year’s acquisition of the Waldor Line.”
Royal has started the process of moving all of the files, printing dies and computer systems to its Brooklyn location. The transition is expected to be seamless for customers.
Mark Stewart, CEO of DLX Industries, adds, “Both Royal and DLX have been friendly competitors for decades, and just as DLX is a leader in menu covers and higher-end items for the industry, Royal holds the same esteem in vinyl products. It was just a great match-up; we were approached about the acquisition and felt it made sense, as I know my customers will get unmatched quality and service from Royal.”