#NEWELL RUBBERMAID DYMO NUMBER PROFESSIONAL#
Endicia focuses on professional high volume shippers by providing products that enable domestic and international shipping, and by collaborating with over 250 integration partners. spent approximately $40 million on customer acquisition during 2014, with the majority of that spend going into broad small business marketing programs. primarily focuses on acquiring small business and enterprise mailing customers, and it has approximately 514 thousand paid customers which are predominantly in those two areas. and Endicia are two rapidly growing providers of internet mailing and shipping solutions, but are focused on different segments of the market. Manatt, Phelps & Phillips, LLP acted as legal counsel to. intends to fund the transaction with at least $50 million of cash on hand and committed financing for $165 million from a group of leading US banks. No shareholder approval is required in this all cash transaction. The Boards of Directors of both companies have approved the transaction which is expected to close within 5 business days after the fulfillment of the customary closing conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Act. Combined, the companies can enhance innovation and increase domestic and international shipping growth for the benefit of our customers and partners.” “The acquisition will pair Endicia's technology leadership in shipping and its large national sales team with ’s large scale small business customer acquisition. “We are very excited about the opportunity to become a part of ,” said Amine Khechfe, Endicia General Manager. Together, the two companies will be able to more effectively compete with the very large competitors we face today in the mailing and shipping industry.” High volume shipping is the fastest growing segment within the mailing and shipping space and this acquisition will allow us to accelerate our innovation, enhance and streamline our sales and marketing, and accelerate our growth. “Endicia is a great complement to ’s traditional strength in the enterprise and small business mailing segments. “The acquisition of Endicia represents a significant strategic investment in our high volume shipper business,” said Ken McBride, chairman and CEO. Endicia had approximately $59 million in revenue during fiscal 2014. Endicia also provides seamless access to USPS and other shipping services through integration with more than 250 partner applications. Endicia sells its products under brand names including Endicia ®, DYMO ® Stamps™ and PictureItPostage ®. Postal Service ® and other postal partners.Įndicia offers solutions that help businesses run their shipping operations more smoothly and function more successfully.
Based in Palo Alto, California, Endicia is a leading provider of high volume shipping technologies and solutions for use with the U.S. for to acquire Endicia, a wholly owned subsidiary of Newell Rubbermaid, for $215 million in cash. Here several fulltime-equivalents (FTE) of work were lost in Excel, emails, paperwork, and manually copy-pasting scrap and production quantities into ANNOUNCES INTENTION TO ACQUIRE ONLINE SHIPPING COMPANY ENDICIA FROM NEWELL RUBBERMAIDĮL SEGUNDO, CA - ® (Nasdaq:STMP) today announced that it has entered into a definitive agreement with Newell Rubbermaid Inc.
The challengeĭymo was looking to digitize the administration work by its people – starting with the production planning on the shop floor. The foundation for this paperless project was already realized through the automation of machine data logging.
The Dymo plant in Sint-Niklaas, Belgium is recognized within Newell Brands for its innovation and its track record to realize better Overall Equipment Effectiveness (OEE) and increased productivity year over year. It is part of Newell Brands (NASDAQ: NWL), a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid®, Paper Mate®, Dymo®, Parker®, Rotring®, Waterman®. The clientĭymo is the number one in Europe for label applications for household use, specifically for offices and industrial settings. By managing the production orders digitally end-to-end, from planning until delivered goods, Newell brands will be able to respond with much more flexibility to market demand. They asked Devoteam to digitize all information flows on their shop floor. Devoteam connected their SAP ERP for production planning with the automated machines of the Dymo plant in Belgium. Label application maker Dymo wanted to become paperless.
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