Transaction nearly doubles size of Archway, solidifying leadership position in marketing operations management
ROGERS, MINN. (May 27, 2009) – Archway, the leader in marketing operations management, today announced the acquisition of the supply chain management division of Resolve (TSX:RBO.UN), a Toronto-based company that works with businesses as an outsourced resource.
"Resolve`s Supply Chain Management (SCM) division is a respected competitor with an impressive client list, strategic locations and in-demand service offerings,” said Mike Moroz, president of Archway. "Combining the two companies will create a clear powerhouse in the industry and allow us to offer additional services and expertise to clients. Our complete service offering, geographic footprint and client experience will be unmatched."
Both Archway and the supply chain management division of Resolve offer trade fulfillment, account management, reporting and other marketing operations solutions to the Fortune 500 and leading brands. Resolve’s supply chain management division also offers consumer and print services, such as:
- Direct mail
- Letter shop
- Consumer rebates and premiums
- Sweepstakes and contests
- Loyalty and reward programs
- Consumer promotional Web sites
Archway has more than 40 clients, including: Target, Lowe`s, American Eagle Outfitters, Select Comfort, Mars, Nestle, General Motors, Ford, MasterCard, Subway, Taco Bell, Darden Restaurants, Whirlpool, James Hardie, Microsoft and other leading brands.
Resolve`s supply chain management division has approximately 225 clients throughout the U.S. and Canada, including: Cadbury Adams, McNeil, Neutrogena, Honda, Miller Brewing, Pepsi, Staples, TELUS, Philip Morris, Best Western, Blockbuster, Michaels, G.E. Security, Rogers, State Farm, Procter & Gamble, Kimberly-Clark and others.
"Archway’s vision is to be the distinct leader in marketing operations management," said Clay Perfall, chief executive officer at Archway. "Our growth strategy includes expanding service offerings, deepening client relationships and acquiring companies that will provide a strategic advantage. This is a key acquisition that will expand our service offering, geographical footprint and industry experience."
As a result of the acquisition, Archway will nearly double in size to annual revenues of nearly $200 million, approximately 1,500 employees and 3.5 million square feet of distribution space. The company will have 21 locations with two managed facilities as well as multiple onsite account management locations.
"We are thrilled to be joining the Archway team," stated Tim O`Keefe, senior vice president of Resolve Supply Chain Management. "Archway’s focus on supply chain management and fulfillment will allow us to provide even better service to Resolve`s SCM roster of leading national marketers in the U.S. and Canada."
The leadership team of Resolve’s supply chain management division will join the Archway leadership team. Clay Perfall, chief executive officer; Mike Moroz, president; Bob Adkinson, chief operating officer; and Brian Burke, chief financial officer, will continue to lead Archway. Archway’s headquarters will remain in Rogers, Minn.
The transaction is expected to be finalized within the next 30 days. Terms of the transaction were not disclosed.