Atlas Holdings Acquires LSC Communications

Atlas Holdings completed its acquisition of LSC Communications on December 4th, 2020. LSC is now a proud member of the Atlas Family – a family of exceptional manufacturing, distribution, service, and trading companies around the world. Headquartered in Connecticut, Atlas owns and operates 23 companies that collectively employ approximately 40,000 associates across more than 250 global locations.  Atlas’ businesses prioritize customer service, innovation, operational excellence, and community stewardship.  With deep roots in the paper and printing industries – Atlas is uniquely positioned to take this journey forward with LSC.  

 “Atlas is the ideal fit as LSC’s new partner. Our roots are in paper – the investment that launched Atlas more than two decades ago was the purchase of a single paper mill in Indiana. Since then, our team has developed deep sector expertise in printing, paper and adjacent industries such as packaging and paper receipts and labels. This knowledge, coupled with our proven ability to transform businesses facing challenging market environments, positions LSC for a bright future,” said Timothy J. Fazio, Co-Founder and Managing Partner of Atlas Holdings.

“We’re excited to officially welcome LSC’s dedicated associates to the Atlas Family and join them in writing the next chapter in the story of a great printing company,” said Neil Mahajan, Partner of Atlas Holdings. “As long-term partners, we work with our businesses to win in their core markets – while leveraging our asset base to identify and seize new growth opportunities. That is exactly what we will do with the team at LSC.”

LSC begins its new chapter with a strong balance sheet, an optimized manufacturing footprint, and a more competitive cost structure. As a leaner and more efficient organization, LSC is positioned to continue investing in innovation and sustainable growth, with a clear focus on customers and a continuing commitment to the industry segments served today.

To learn more about Atlas Holdings and LSC, please visit: www.atlasholdingsllc.com

Read the official press release here.

 

 

 

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