FOR IMMEDIATE RELEASE:
June 13, 2023
Toronto, ON
VAELLA CONSULTING ACQUIRES GRAVURE-CRAFT
Vaella Consulting Inc, the industry specialist in personalized funeral stationery, is pleased to announce the acquisition of Gravure-Craft Ltd. Family owned by the McCaffrey family and in operation since 1917, Gravure-Craft is a well-known staple in the funeral stationery and urn markets. “The time for transition had come and we were hoping to find what we felt was a great fit for the next ideation of Gravure-Craft. Vaella Consulting is a well-known Canadian company and we felt that was an important consideration,” according to David McCaffrey. Mark McCaffrey echoed those sentiments saying “After 44 years working for our family business, it is good to know that our family business will continue on under the new ownership of another family business who share the same values and passion for their business as we do.” Laura McCaffrey said, “We’ve been competitors since Vaella was founded 16 years ago but we’d always been friendly competitors, sharing challenges and supply issues during the pandemic.”
Jean Vaillancourt, President of Vaella says he’s thrilled that they’ve been able to conclude the transaction. “I’ve always had the utmost respect for the McCaffrey family and the brand that they’ve built. It will be business as usual for all Gravure-Craft clients with minimal disruptions as we expand, offer new products and services to each other’s client bases. I am confident that by implementing both companies’ best practices and manufacturing efficiencies, it will only be a win-win for everybody, especially our valued clients.”
Kelly Murphy, while new to the industry, brings a very strong operational background in the manufacturing and service sectors and will serve as the company’s Vice-President. “Being family owned, we’re hoping to continue the family feel and tradition that the McCaffreys have developed over the years and will be retaining every staff member. I look forward to working very closely with Laura McCaffrey in building new relationships with our team and existing clients, and forging friendships as I embark on this exciting new chapter,” she said.
Gravure-Craft is conveniently located on Jane Street near Bloor West Village in Toronto and has 15,000 square feet of manufacturing and warehouse space. Vaella Consulting is located in Alexandria, in Eastern Ontario and offers another 14,000 square feet. Combined, they have the facilities necessary to maintain ample stock levels and effectively supply the Canadian market. This transaction makes the group the largest manufacturer/supplier of stationery and paper products for the funeral service industry in Canada.
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