Michael Hothi, owner of Ottawa-based Trico Packaging and Print Solutions, and Toronto-based Canadian Printing Resources, acquires Maracle Press, a full-service print provider based in Oshawa, Ont.
Established in 1920, Maracle specializes in serving clients in the education, publishing, and financial sectors.
This agreement marks a significant milestone for Hothi, representing his seventh acquisition since 2022 and further enhancing his print solutions portfolio.
“I am thrilled to welcome Maracle into our family of companies,” said Hothi. “Maracle’s rich history, dedication to quality, and esteemed reputation perfectly complement our existing operations. This acquisition enhances our ability to serve clients across diverse industries and reinforces our position as a leading print solutions provider in Canada.”
Under the terms of the asset agreement, Maracle will continue its operations in the same facility and under the same name. The former shareholder group, who was represented by Connecting for Results in the transaction, will remain involved to ensure a healthy transition period.
“We are excited about the opportunities this acquisition brings,” said George Sittlinger, former Maracle president. “Under the leadership of Michael Hothi, we are well-positioned to continue our proud legacy of innovation and commitment to excellence in the printing industry.”
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