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Press Release: Library Binding Service [July 19, 2022]

LBS acquires Cover Material Sales, Inc.

Des Moines, Iowa. LBS, a manufacturer and distributor of materials for the production of books and luxury packaging, announced today that it has acquired the assets of Cover Material Sales Inc., Hyannis, MA effective Monday, July 18, 2022.

"We are excited to blend the outstanding 40+ year history of successful sales and customer service provided by Cover Material Sales, Inc. (CMS) into our existing business," said Rob Mauritz, President & CEO, LBS. "In today's strong book market, a supplier with a strengthened portfolio of products can only mean good things to the industry as a whole."

"The synergies of these two companies makes for what should be a very smooth transition, which is important for customers of both CMS and LBS," added Joe Dunham, Senior Vice President, LBS Sales.

LBS will merge operations at its Des Moines, Iowa, facilities. The company does not expect to add any staff to accommodate the additional business, utilizing existing staff and processes already in place.


Summary: LBS, a manufacturer and distributor of materials for the production of books and luxury packaging, announced that it has acquired the assets of Cover Material Sales Inc., Hyannis, MA effective Monday, July 18, 2022.
Publication Year:2022
Type of Material:Press Release
LanguageEnglish
Date Issued:July 19, 2022
Publisher:Library Binding Service
Company:
Company: Library Binding Service
Subject: Mergers and acquisitions
Permalink: https://librarytechnology.org/pr/27735/lbs-acquires-cover-material-sales-inc-

DocumentID: 27735 views: 53 Created: 2022-09-09 13:22:42 Last Modified: 2022-09-27 21:20:27.