Dayton-based Standard Register is purchasing another Dayton company, WorkflowOne, in a deal worth $218 million.
Standard Register says it expects to achieve $1 billion in annual revenue and $40 million in annual savings thanks to the deal. A release says WorkFlowOne will initially operate as a subsidiary with its CEO staying on in an advisory role.
The combined company has 4000 employees, including more than 900 in Dayton.