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Unedited press release follows:
Cinram Signs Long-Term Distribution Deal With The Neat Company
Cinram continues to diversify its distribution portfolio by providing direct-to-consumer and retail fulfillment solutions to award-winning consumer electronics company
NASHVILLE, Tenn., Oct. 2, 2014 — Cinram, a Najafi Companies affiliate, has announced a multi-year agreement with The Neat Company, a leading manufacturer and technology provider in the office organization space. This new deal expands Cinram’s distribution and fulfillment portfolio with the company providing an end-to-end distribution solution accommodating Neat’s evolving product portfolio. Terms of the deal were not announced.
The Neat Company is dedicated to creating one ecosystem for all your important information – on your desktop, the cloud and with mobile. Neat transforms digital and paper documents into useful, organized information so small businesses can work more efficiently and spend less time on administrative tasks and more time getting to what matters. Their integrated system of software and award-winning hardware, cloud service and mobile apps make it easy to acquire, search, share and access your most important information – anywhere, anytime.
Cinram specializes in innovative approaches to supply chain management and product fulfilment and has been expanding its product portfolio over the past several years. With an impressive 40-year history in home entertainment and retail, including fulfilment with music, movies and video games, the company now provides solutions for broad range of products, including consumer electronics, apparel and sporting goods. Cinram will integrate Neat’s comprehensive scanning products into its distribution chain and handle both the traditional brick and mortar retail fulfilment, as well as satisfy e-commerce distribution requirements.
“We’re very excited to have Neat join our rapidly growing portfolio of eCommerce and direct-to-store fulfillment clients,” says Mike Davis, Chief Commercial Officer / Group EVP, Cinram. “Cinram’s strength in both brick & mortar and online fulfillment aligns perfectly with Neat’s diverse customer base. We look forward to being longtime partners.”
“We are very excited about the partnership with Cinram, and the level of flexibility and capabilities it will bring to our organization. Cinram’s state of the art facility and supporting systems, will provide us the level of scalability needed to better support our customers, retail partners, and future business strategy”, says Michael Crincoli, Chief Distribution Officer/EVP of Worldwide Sales.
About Cinram Group Inc.
Cinram Group Inc. (CGI), a wholly-owned affiliate of Najafi Companies (Najafi), is one of the world’s largest providers of media development and delivery services. Located in North America and Europe, the company has worked with some of the biggest names in home entertainment and retail. With a full range of supply chain services, which include pre-recorded media product manufacturing, packaging, distribution and business solutions, Cinram guarantees products flow smoothly and profitably to consumers around the world.
About Najafi Company
Najafi Companies is an International private investment firm based in Phoenix, Arizona, with offices in Los Angeles, New York, Paris, Toronto, London and holdings in sectors including consumer, media, technology, industrial, energy and real estate across seven countries. The firm makes highly-selective investments in companies with strong management teams across a variety of industries, often in areas undergoing rapid technological transformation. The firm takes a long-term view on its investments and focuses its efforts to create value through growth and superior performance. Najafi Companies funds its investments with internally generated capital, not through a fund. Free from the restrictions of a fund, the firm is able to move quickly and decisively when investing, and with no requirements to return capital to outside partners, Najafi Companies is able to make investments that create maximum value for the long term
About The Neat Company
Neat® is the leading provider of Smart Organization Systems for small businesses and home markets. Neat’s unique combination of cloud, mobile, desktop software and hardware scanning solutions transform important documents into usable digital information. Neat helps users organize, access and share both paper and digital document, simplifying everyday tasks so they have more time to get to what matters. Neat’s solutions consist of NeatConnect®, NeatDesk®, NeatReceipts®, Neat Cloud Service®, NeatVerify®, Concierge Scanning Service® and Neat’s mobile applications. Learn more at www.neat.com.