CGX Subsidiary Nies/Artcraft Acquires Certain Assets of Kohler Print Group
ST. LOUIS, MO—Oct. 12, 2009—Consolidated Graphics, Inc. (NYSE: CGX) announced today that a subsidiary of Nies/Artcraft, Inc. has acquired certain assets of The Kohler Print Group and Pinnacle Press headquartered in St. Louis, MO. Following the completion of the transaction, Nies/Artcraft, Inc. will do business as Nies/Kohler. Terms of the transaction were not disclosed.
The Kohler Print Group was founded in 1923 and is one of the leading commercial printing companies in Missouri. Owners Kevin, Kent and Keith Kohler and certain other employees of the Kohler Print Group have joined Nies/Kohler. Nies/Kohler will continue servicing the Kohler Print Group's customers.
Commenting on the acquisition, Joe R. Davis, Chairman and CEO of Consolidated Graphics, Inc., stated, "The Kohlers have a great reputation for providing first class service to their customers. With the additional resources of Consolidated Graphics behind them and their salespeople, I am confident that they will be able to continue to grow their business by offering the very best printing solutions available in the marketplace."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, TX, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Canada, and in Prague, we offer an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the largest integrated digital footprint of any commercial printer in the U.S. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers solutions that create a spectrum of value for customers. CGX offers the unique ability to respond to all printing-related needs no matter how large, small, specialized or complex. For more information, visit www.cgx.com.