STOCK TITAN

Deluxe Chosen as Premium Preferred Supplier to Porsche North America Family of Brands

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Deluxe (NYSE:DLX) has signed a multi-year contract with Porsche North America, marking a significant win in its Promotional Solutions business. Deluxe will serve as the premium supplier for all printed products and promotional materials for Porsche in North America. Additionally, Deluxe becomes the title sponsor of the Porsche Carrera Cup racing series, enhancing its brand presence through various marketing initiatives. This partnership is expected to enrich the Porsche brand experience while furthering Deluxe's transition as a leading service provider in cloud and promotional solutions.

Positive
  • Signed multi-year contract with Porsche North America, enhancing Deluxe's market position.
  • Becomes title sponsor of the Porsche Carrera Cup racing series, increasing brand exposure.
  • Deluxe provides comprehensive promotional solutions, leveraging advanced technology for customized offerings.
Negative
  • None.

Deal also includes sponsorship of Porsche Carrera Cup racing series

MINNEAPOLIS--(BUSINESS WIRE)-- This month, Deluxe (NYSE:DLX), a Trusted Payments and Business Technology™ company, announced that it has signed Porsche North America to a multi-year contract in its Promotional Solutions business. With the agreement, Deluxe has also signed on as title sponsor for the new Porsche Carrera Cup signature racing series in North America.

Deluxe will be the premium preferred supplier to Porsche brands in North America, providing all printed products, apparel, signage kitting and other services at events across the country and to the Porsche family of brands. The Porsche racing performance team will use the exclusive Deluxe promotional solutions online technology to order custom materials and products for their team members and racing fans across the country.

“Porsche North America is another important win for Deluxe, further accelerating our transition as a platform service provider in cloud and promotional solutions,” explained Barry McCarthy, President and CEO of Deluxe. “Through our advanced technology, we are able to provide end-to-end, customized promotional solutions for Porsche to enrich the exclusive Porsche brand and racing experience.”

Deluxe is further enhancing its brand in the marketplace by sponsoring and helping promote the Carrera Cup racing series in North America. Along with its sponsorship, Deluxe will also receive dedicated brand exposure on one of the vehicles in the competition, while also delivering digital content across the racing series.

“Today, we are proud to announce Deluxe as a major partner to the Porsche Carrera Cup North America,” said Volker Holzmeyer, President and CEO, Porsche Motorsport North America. “The culture of innovative problem solving shared by Deluxe and Porsche is inspiring. It is a perfect fit from the start, and we believe time will provide additional symmetries between our two companies.”

“This is an exciting win for Deluxe to not only provide exclusive promotional solutions support to the Porsche family of brands across North America, but to also partner with such a deeply respected company,” said Garry Capers, President of Promotional Solutions for Deluxe. “Our experts in promotional solutions along with our technology solutions makes it easy for customers and partners like Porsche to customize their promotional solutions and manage their inventory in real time.”

The Porsche Carrera Cup series features identical Porsche racing vehicles—the same model, make, and generation – placing extra emphasis on the driver’s skills, rather than technical advantage, to win. This is the second season of the Carrera Cup racing across tracks in North America.

To learn more about the Porsche Carrera Cup, go to https://porschecarreracup.us/.

About Deluxe

Deluxe, a Trusted Payments and Business Technology™ company, champions business so communities thrive. Our solutions help businesses pay and get paid and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world’s largest consumer brands, while processing more than $2.8 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers’ most trusted business partner. To learn how we can help your business, visit us at www.deluxe.com, www.facebook.com/deluxecorp, www.linkedin.com/company/deluxe, or www.twitter.com/deluxe.

Cameron Potts, VP of Corporate Communications

651-233-7735

cameron.potts@deluxe.com

Source: Deluxe Corporation

Deluxe Corporation

NYSE:DLX

DLX Rankings

DLX Latest News

DLX Stock Data

1.04B
44.27M
1.76%
88.92%
5.58%
Conglomerates
Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work
Link
United States of America
MINNEAPOLIS