Standard Group Buys Whitmore
READING, PA—The Standard Group (TSG), based here, has acquired Whitmore Printing, of Lancaster, PA, in what the parties described as a tuck-in deal. The two companies have been serving the central Pennsylvania region for more than a century. The NAPL Mergers & Acquisition team conducted outreach services on behalf of The Standard Group.
Benson Young Acquires TriStar
LAFAYETTE, LA—Benson Young, a printing industry veteran with more than 20 years of experience, has purchased TriStar Graphics Group in a private sale. The acquisition includes manufacturing operations here and in Monroe, LA, and also includes Monroe-based American Envelope. TriStar Graphics Group has 43 full-time employees and specializes in commercial offset, digital and envelope printing. Previous principals Mike Guidry and Bob Devinney will remain as executive management until their retirement from the 22-year-old company.
RRD, KBA Forge Agreement
CHICAGO—RR Donnelley and KBA AG, of Wuerzburg, Germany, announced an agreement to develop, manufacture and sell next-generation inkjet printing solutions for the packaging, securities, commercial and newspaper segments. Under the terms of the agreement, RR Donnelley will license its Apollo and other piezo- electric imaging technologies to KBA, which will incorporate them into its press offerings. KBA's new digital press is scheduled to be introduced in May 2012 at the Drupa international print show that's held in Dusseldorf, Germany.
Paper Outsources Its Printing
ERIE, PA—The Erie Times-News has decided to obtain its printing and packaging services from a third-party vendor and will shut down its in-house print shop as opposed to updating its presses, which are more than 40 years old. Rosanne Cheeseman, president and publisher of the family-owned daily newspaper, said the move was in the best long-term interests of the company.
Minuteman, OKI Data Partner
FARMINGDALE, NY—Printing and graphics franchiser Minuteman Press International has reached an agreement with OKI Data Americas to offer that company's pro900DP digital envelope press to Minuteman's new and existing franchises worldwide. The pro900DP is part of the OKI proColor series, a line of products suited for color applications in graphic arts and production environments. It offers the ability to produce variable data on a wide range of media, including full-color envelopes. PI