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LSC Communications Acquires The Clark Group

Expands and strengthens logistics platform, adds nine distribution centers in the US.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

LSC Communications announced that it has acquired The Clark Group. Clark is a leading third-party logistics provider of distribution, consolidation, transportation management and international freight forwarding services, with a network of nine distribution centers in the US.
 
“The Clark Group brings a range of supply chain services to LSC that position us for growth, including the ability to better provide a full-service offering for magazine clients with newsstand distribution as well as reverse logistics solutions for our book publisher clients,” said Thomas J. Quinlan III, chairman and CEO of LSC.
 
Gores acquired The Clark Group out of the firm’s lower middle market fund, Gores Small Capitalization Partners, and then followed with a number of add-on acquisitions to establish a logistics provider with a single source supply chain solution.
 
“We believe that the Clark management team has executed a valued transformation over the years, and has landed with the right company in LSC.” added Chris Crowell, managing director of The Gores Group.
 
LSC has been building the company’s distribution capabilities for print and non-print materials. This acquisition marks LSC Communications’ second acquisition in the logistics space this year, following the acquisition of Fairrington Transportation announced on July 31, 2017.


 

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