Paragon Group completed the acquisition of RRD’s European GDS business.

Paragon Group completed its acquisition of RR Donnelley & Sons’ European Global Document Solutions business. Financial terms were not disclosed. The purchase of GDS enriches the operational capabilities of Paragon in the sphere of customer communications and complements existing solutions enabling them to deliver unparalleled services for Paragon’s large multinational global customers with local support in Europe. “We are delighted to acquire RRD’s GDS European businesses and are pleased to announce that we have also entered into a strategic alliance with RRD, which will expand the offerings both companies provide to clients.” Mr. Crean continued, “We welcome the GDS team to Paragon and look forward to the value and expertise they will add to our full-service range of leading marketing, communications, and technology solutions for our customers.” Patrick Crean, Paragon Group Chairman and Chief Executive Officer.