Paragon Group Acquires RRD’s UK-Based Global Document Solutions Business

Paragon Group, a leading provider of customer communications, identification and graphics services in Europe, and R.R. Donnelley & Sons Company (RRD) announced that Paragon has acquired RRD’s European Global Document Solutions (GDS) business, head-quartered in the UK, for an undisclosed amount. GDS provides document management services and solutions. The transaction closed on Oct. 25, 2019.

GDS has locations in the UK, France, Spain, Germany, Netherlands, Poland and Italy and employs approximately 1,500 people. GDS’ net sales were approximately $270 million in 2018.

“We are delighted to acquire RRD’s GDS European businesses and are pleased to an-nounce that we have also entered into a strategic alliance with RRD, which will expand the offerings both companies provide to clients,” Patrick Crean, Paragon Group’s chairman and CEO, said.