Cardinal Colorprint Acquires Genesis Press of Itasca, IL
CHICAGO—May 28, 2010—Cardinal Colorprint, a leading commercial print, fulfillment and distribution firm, located here, announced that it has acquired Genesis Press of Itasca, IL. The new company will be known as Cardinal/Genesis.
Patrick LeBeau, of Cardinal Colorprint, will serve as president of the combined organization. He said, “This is an exciting day for Cardinal, Genesis and our clients. By leveraging the strengths of our two companies, we formed a first class print and fulfillment/distribution organization with a solid balance sheet, strong management, loyal client base, and some of the most talented and dedicated employees in the business.”
“The deal makes sense because of our investment and experience in front-end technologies and our client base complements Cardinal’s core capabilities,” said Bob Moore, former President of Genesis Press, who will assume the title of Senior Vice President in the new organization. “The combination of expandable, customized front-end solutions and fulfillment/distribution capabilities will help our clients increase the value of their marketing dollars”.
Production will continue at both locations. Bindery, mailing, fulfillment and distribution services will be centralized at the Itasca facility.
With a combined 60 years of experience, Cardinal/Genesis serves financial services, manufacturing, real estate, healthcare and insurance companies throughout the United States by providing a wide range of customized solutions and world class service that affords clients the opportunity enhance quality, reduce costs and shorten lead times.
For more information, visit Cardinal at www.CardinalColorprint.com or Genesis at www.GenesisPressInc.com.