Spiral Binding Acquires Lawrence Binding Systems
TOTOWA, NJ – May 12, 2016 – www.spiralbinding.com– Spiral Binding Co. (Spiral), the industry leader in the manufacturing and distribution of print finishing supplies and equipment, announces the acquisition of Cleveland based, Lawrence Binding Systems (LBS). Founder Bill Lawrence, will remain as an advisor for the successful long term transition and integration of the company into Spiral Binding. It is the intention of Mr. Lawrence to retire after the transition period is completed.
“Spiral proved to be a perfect match for my short and long term goals” says Lawrence. “They are the largest family owned business in our industry and extremely customer focused.” Spiral President, Robert Roth continues by adding ”I have known Bill for a long time, and very excited to come to an agreement that will not only allow LBS customers to continue receiving the products and service they are accustomed to, but also add many more products that will help them grow their businesses.” Along with Mr. Lawrence, Spiral will be retaining many of the key LBS employees.