CRESCENT ACQUIRES U.S. OPERATIONS OF NIELSEN BAINBRIDGE

Crescent Cardboard Company is pleased to announce it has acquired the U.S. businesses of Nielsen Bainbridge, a leading producer of products for framing professionals and conservators. Nielsen Bainbridge has combined advanced scientific research and innovative design to deliver groundbreaking products used by custom framers and museums worldwide. We feel this acquisition will enhance Crescent’s worldwide leadership in the manufacturing and marketing of high-quality paper and board products for artists, custom framers and institutions worldwide.

Crescent will add the following products to our portfolio: Nielsen aluminum moulding; Bainbridge artboard, matboard, foamboard and mounting board; and Nurre Caxton wood moulding. We’re pleased to provide this new offering to our customers and appreciate your cooperation as we integrate our organizations over the coming months.

In a subsequent move, Crescent Cardboard Company will be rebranding as Crescent Brands. Crescent Brands will operate as a portfolio company that will utilize its resources to manufacture, supply, promote and support brands such as Crescent, Bainbridge, Nielsen, Nurre Caxton, and more. We are making this change due to our respect and admiration for the Nielsen, Bainbridge and Nurre Caxton brands. We intend to operate these brands independently to keep continuity in the products many have come to know and love. More information to follow as we make this transition.

We are very excited to see the value Crescent Brands will bring to the custom picture framing, conservation and fine art supplies markets.