24 January 2024
DCM Completes Sale Of Its Trenton Plant
DCM Trenton Plant
DCM Trenton Plant
DATA Communications Management (DCM), announced it has closed the previously announced sale and leaseback of its Trenton, Ontario facility for gross proceeds of $9.0 million. Net proceeds realized on the sale of the property of approximately $8.5 million, after deducting closing commissions, rent deposit, and other expenses, have been applied towards the Company’s revolving line of credit with a Canadian chartered bank.
Original a Moore plant than part of RR Donnelley Canada than DCM
Original a Moore plant than part of RR Donnelley Canada than DCM
 DCM has now completed the planned sale and leaseback of all three owned facilities which were included in the Company’s acquisition of Moore Canada Corporation in April 2023. Collectively, these transactions have generated a total of $39.8 million in gross proceeds, and approximately $37.8 million in net proceeds, which have been used to pay down acquisition-related financing.
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