Sheet-like products coming off a folder are firstly transported some distance before being caused to overlap. In order to slow down the products to cause this to take place and to arrange them in a perfectly regular feed stream without being damaged, the products are engaged by grippers that are moved along a preferably arcuate path on a support in the course of which the products are slowed down by the grippers to the speed of a delivery belt on which the products are then deposited.