CGX Buys Champagne Lafayette
HOUSTON—Consolidated Graphics (CGX) has kicked off the merger and acquisition season with its first deal of 2004.
CGX has acquired Champagne Lafayette Communications, of Natick, MA, and has merged it with Pride Printers, Woburn, MA. The combined operations will be housed in Pride's Woburn, MA, facility.
The previous owners were semi-retired and not involved in day-to-day operations. Champagne Lafayette CEO Duncan Todd will remain with the company and is working on the transition with Pride Printers' management.
Rampart Associates, Trumbull, CT, served as M&A advisor to Champagne Lafayette.