CGX Acquires Denver Printer
HOUSTON—M&A leader Consolidated Graphics (CGX) moved to strengthen its market share in the region with the acquisition of Denver-based Eastwood Printing, a full-service web and sheetfed printer.
Joe R. Davis, chairman and CEO of CGX, was happy to expand in the Denver area with a company that boasts a long-standing reputation for quality. "This acquisition is an excellent example of a key element of our growth strategy—expanding our geographic footprint and market leadership position through strategic acquisitions of high-quality, well-managed companies," Davis says.
"We have created a very powerful model for long-term growth in sales and profits by combining the operating strengths of the companies we acquire with Consolidated Graphics' considerable strategic and economic advantages."