Brooklyn, New York-based Royal Industries (The Royal Line) announced its acquisition of Waldor Products (The Waldor Line), Jersey City, N.J., yesterday.
“The acquisition of The Waldor Line is the perfect complement to Royal’s line, which includes vinyl specialties from card cases and clipboards, portfolios and pocket planners,” Ari Ruden, vice president of Royal, said. “[…] We are very excited to add the unique products that [The] Waldor Line has to offer to the promotional product industry.”
“Both Royal and Waldor have been friendly competitors for decades,” added Stephen Spiegel, former CEO of The Waldor Line. “And as Waldor is the leader in pocket and purse items for the industry, Royal holds the same esteem in vinyl products, and it was just a great matchup. We were approached about the acquisition and felt it made sense, as I know my customers will get unmatched quality and services from Royal.”
Royal, a family owned and operated business for more than 55 years, will begin taking orders for Waldor products, effective immediately.
For more information, visit www.royalindustries.com or www.waldorproducts.com.
