(Direct Newsline) New England Business Service (NEBS). has acquired certain assets of Stephen Fossler Co. and its affiliates for $27 million. Fossler manufactures and markets a broad line of embossed anniversary seals, and distributes store signage and commemorative specialty products through direct mail in the U.S., Canada, and the U.K.
“The acquisition of Fossler continues to expand NEBS’s leadership position in serving the small-business market,” NEBS CEO Richard T. Riley said in a statement. “Their direct mail channel, customers, and exclusive product set align closely to the NEBS business model.” Groton, MA-based NEBS sells business forms, packaging supplies, workwear, and promotional products via several catalogs.