BIC Group Reports First Half Results for 2013

BIC Group, parent company to BIC Advertising & Promotional Products, reported its 2013 second quarter and first half results this week. The group as a whole reported sales of approximately $1.243 billion (937.5 million euros) for the six month period, up 2.2 percent on a comparative basis from same period in 2012. Net sales for the quarter were up 4.1 percent on a comparative basis at $675.2 million (508.9 million euros).

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Standard Register Acquires WorkflowOne

Standard Register, Dayton, Ohio, announced today that it has acquired top 50 distributor WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million.

“This strategic combination brings together two companies with highly complementary business and market presence to create a leading player in workflow, communications and analytics,” said Joseph P. Morgan, Jr., president and CEO of Standard Register. “The acquisition of WorkflowOne increases our customer base and incremental growth opportunities. It also provides new markets and capabilities in retail and promotional products and cross-selling opportunities. And, importantly, we are acquiring a significant pool of talented people with expertise in our industry and markets.”

WorkflowOne, also based in Dayton, ranked number 10 on Promo Marketing’s list of the Top 50 Distributors of 2013. The company reported promotional product sales of $101 million and total sales over $460 million.

Check back with Promo Marketing Headlines this afternoon for more information on the acquistion.

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We Built This City

Here is why you should sell to construction workers and other rugged markets, and the products you need to ensure a long-term safety program.

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2013 Fall Selling Guide

This year, the Promo Marketing team wanted to add a little somethign extra to the Fall Selling Guide. We’ve added augmented reality features to each of the 21 top products of the season, viewable directly on your smartphone.

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Handle With Care

It’s time to take care of yourself for a change—and for that, you’re going to need the best personal care products on the market. Give yourself (and your sales) a pick-me-up with the hand sanitizers, lip balms, personal care kits and travel-size cleaning products profiled here.

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