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RRD Closes Sale of DLS Worldwide Logistics Business

RRD CEO Dan Knotts: 'Sale an important step forward to optimize our business portfolio and improve balance sheet flexibility.'

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By: Anthony Locicero

Copy editor, New York Post

R.R. Donnelley & Sons Company announced that it has closed on the previously announced sale of its DLS Worldwide Logistics business to TFI International Inc.
 
“The sale of DLS Worldwide is an important step forward to optimize our business portfolio and improve balance sheet flexibility. The transaction serves to further enhance our strategic focus as a leading global provider of marketing and business communications,” said Dan Knotts, RRD’s president and CEO. “I want to thank the DLS Worldwide employees for their support of RRD and wish them well as they join TFI International.”

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