Busy Summer Sees CGX Acquire Pair
HOUSTON—Consolidated Graphics (CGX) has enjoyed an eventful summer on the M&A front, acquiring boutique commercial printer Pikes Peak Lithographing of Colorado Springs, CO, and The Cyril Scott Co. of Lancaster, OH. Terms of the deals were not disclosed.
Pikes Peak specializes in large-format sheetfed printing, producing banners, fine art reproductions, maps and point-of-purchase displays on a variety of substrates, including synthetics and plastics. It will maintain production at its two Colorado Springs facilities.
In an earlier move, CGX signed a memorandum of understanding to acquire Cyril Scott, a commercial printer that produces multi-featured print products for the direct mail market, including pop-up/pop-out nested designs and kiss-cut sticker options, as well as specialty laser labels and clean-release cards.
Scott’s management team, led by Leslie “Mac” McClelland, will remain with the company after the transaction is completed.