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In the 2000s, it started shifting away from custom manufacturing and towards labels and packaging; in 2005, it sold its custom manufacturing business to KCP Income Fund for $256 million. [7] In 2006, it sold its interest in ColepCCP, a European custom manufacturing joint venture with Portuguese company RAR , for $140 million. [ 8 ]
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The lawsuit alleges that Doug and Randy were bad managers of Deco Labels, and were guilty of various financial improprieties in their role as trustees of Doug Sr's estate. According to the suit, Deco lost $5.5 million in the six years before 2018, from a total value of $10 million in 2006, due in part to various acquisitions. [ 7 ]
Staples's logo from 1988 to 2019. Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts. Founded by Leo Kahn and Thomas G. Stemberg, the company opened its first store in Brighton, Massachusetts on May 1, 1986. [5]
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