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Moore Seeks Location Flexibility, Acquires Worchester Envelope
February 12, 2021
Worchester Envelope Company in Auburn, Mass., has been acquired by Moore, a direct response marketing and fundraising firm which had made numerous deals the past few months, many to build capacity, redundancy and location diversification of various operations.
The acquisition comes less than 12 months since a $31 million investment Moore made in envelope manufacturing with the opening of Richmond Print Group in Virginia. Terms of this deal were not disclosed.
“Worcester Envelope Company is a 125-year-old company that has been a trusted and highly respected vendor of Moore for many years. We know the talented leadership and the superior quality of the work they produce for the industry,” said Gretchen Littlefield, chief executive officer of Moore, with headquarters in Washington, D.C., and Tulsa, Okla.
/PRNewswire/ Moore, a leading provider of performance-driven marketing solutions, announces the acquisition of Worcester Envelope Company, an industry.
Worcester Envelope, a 125-year-old company, specializes in manufacturing high-color direct-mail envelopes.
“This acquisition was the right fit for us as we are committed to increasing our capacity and geographic footprint in the envelope manufacturing space. With this addition, we have over 347,000 square feet of envelope manufacturing in Kansas, Massachusetts, Missouri and Virginia,” said Gretchen Littlefield, CEO of Moore, in a statement.
Leadership at Worcester Envelope will remain the same. Derek Waterhouse will stay on as president and report to Moore’s manufacturing chief officer, Jeff Pelcher.
“Through the years other companies have approached us, but the fit wasn’t there,” Waterhouse said in a statement. “Every interaction with the people of Moore has reinforced that we share a common vision. It is clear that they are the right partner and that now is the right time.”