"This acquisition is part of our long-term strategy to extend our reach in key markets and to expand our value added offering in packaging and specialty products," said Stewart Emerson, President & CEO of Supremex. "Classic Envelope is a premium brand in one of the largest and most attractive envelope markets in the U.S. With our scale and capabilities, and their proximity to our Montreal and Toronto facilities, Classic will now have the resources to build on its outstanding reputation."
Peter DeCaro, a third-generation envelope veteran, will continue to lead Classic Envelope Inc.
Supremex Inc. is Canada's largest manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and speciality products.