Expands Staples' breadth of offering in
helping bring brands to life
FRAMINGHAM, MA and VAUGHAN, ON, April 20,
2015 /CNW/ - Staples, Inc. (Nasdaq: SPLS) and Golf Town
Canada Inc., today announced that they have reached an agreement
for Staples to acquire Accolade Promotion Group (APG), a leading
distributor of promotional products in Canada. The acquisition will build on Staples'
position as the largest distributor of promotional products in
North America and will
significantly expand the breadth of offering for its customers.
Terms and conditions of the acquisition were not
disclosed.
APG designs and delivers promotional merchandise for a number of
well-known brands. As a full-scale promotional merchandise agency,
APG is recognized for its creative and innovative approach to
serving brands.
"The acquisition will further Staples' ability to bring
customers a strong brand partner with a broader offering in
Canada," said Steve Bussberg, senior vice president, Staples
Advantage, responsible for Staples Promotional Products business.
"APG's vast experience serving customers in the financial and oil
& gas industries will complement our strengths in the
automotive, manufacturing and consumer goods industries."
"We are looking forward to joining forces with Staples to more
effectively deliver a great customer experience," said Dan Craig, managing director, APG. "The
acquisition will allow us to expand our global reach and extend the
benefit of significant investments in technology, compliance and
supply chain."
APG is currently a division of Golf Town. Upon closing,
APG will become part of the Staples family and Mr. Craig will
become the managing director of SPP Canada. Pam Westman, the current managing director of
Staples Promotional Products (SPP) in Canada will lead the integration of the
acquisition and spearhead global expansion for SPP.
About Staples Promotional Products:
Companies of all
sizes rely on Staples Promotional Products to create their eStores,
print catalogs, company logo, apparel and tradeshow items.
Headquartered in Overland Park,
KS, SPP is the leading promotional products distributor in
North America. With thousands of
products currently online, SPP offers a wide array of services
including customized products to match any brand; managed programs
and total brand development and incentives and recognition
programs. More information about SPP is available at
www.yourbrandpartner.com.
About Staples:
Staples makes it easy to make more
happen with more products and more ways to shop. Through its
world-class retail, online and delivery capabilities, Staples lets
customers shop however and whenever they want, whether it's
in-store, online or on mobile devices. Staples offers more products
than ever, such as technology, facilities and breakroom supplies,
furniture, safety supplies, medical supplies, and Copy and Print
services. Headquartered outside of Boston, Staples operates throughout North and
South America, Europe, Asia,
Australia and New Zealand. More information about Staples
(SPLS) is available at www.staples.com.
About Golf Town:
Golf Town is a division of
Austin, Texas based Golfsmith
International which operates Golf Town stores in Canada, Golfsmith stores in the U.S. and each
brand's respective websites. Founded in 1999, Golf Town has
grown from a single store in Scarborough,
ON, into Canada's largest
golf retailer offering golfers the convenience of shopping in its
56 experiential stores and www.golftown.com online. Golf Town
features the broadest selection of the best brands in golf, expert
staff who share its customers' love of the game, and state of the
art custom fitting services and technology– truly Anything For
Golf.
SOURCE Staples Advantage Canada