Norwood Issues Press Release on Chapter 11 Filing
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The current management team, including CEO Paul Lage, will continue to lead the Company once the sale closes. The team has more than 70 years of experience in the promotional products industry and is responsible for executing the plan to strengthen Norwood’s balance sheet.
“This sale will result in a stronger, more flexible, Norwood,” said Lage. “It’s a major step to cementing the Company’s stature atop the industry.”
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- Norwood Promotional Products
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