Holland & Crosby Acquires Colormark and Will Operate Out of New 70,000-Square-Foot Facility
MISSISSAUGA, Ontario—January 11, 2016—Holland & Crosby Ltd. recently acquired the assets of screen printing company Colormark Ltd., located in the Mississauga/greater Toronto area. The transaction was completed on Jan. 1, 2016, and production began on Jan. 4.
An award-winning, family-run business of more than 40 years, Colormark felt the time was right to transition and reached out to firms in the area about becoming part of a larger company either through merger or acquisition.
Scott Crosby, H&C vice president of sales and marketing commented, "We were attracted to the opportunity because of Colormark’s longstanding history of excellence and service, its legacy of being environmentally responsible long before it was common, and their talented people. We felt the combination was a great fit for Holland & Crosby."
Colormark Becomes Part of Holland & Crosby's New Strategy for Growth
Both companies will be co-located at a new site that will house a serious investment in new equipment close to both original facilities. The new building is 70,000 sq. ft., with ideal functionality for printing and plant workflows. Crosby remarked, "We're really excited to get into our new space and produce projects even more efficiently." The company's new technology purchases include two Inca onset presses from Fujifilm: the X1 with a special orange ink configuration, and the X3 press with three banks of CMYK and a 5x10' vacuum bed and output of over 9,000 sq. ft./hr. It is the first press of its kind to be installed in North America, and only the second worldwide.
Holland & Crosby has also made significant changes to its cutting solutions, replacing existing cutting tables with two new Kongsberg C Series 10x10 tables from Esko that are expected run 2.5 times faster. With these investments, the company predicts as much as 50 percent improvement in throughput. It plans to transition Colormark’s existing work to this powerful new equipment offering in their new consolidated facility starting Jan. 4, 2016. H&C is looking forward to hosting an open house in May to demo the new equipment and highlight the updated facility.
Acquisition "Tremendously Exciting Opportunity" for Both Parties
“For our part, we are thrilled to work with this new client base and to be able to offer our in-house creative and structural design point of view to this new audience. "This really is a unique opportunity to join two great family cultures together into a more robust offering."
About Holland & Crosby
Founded in 1932, Holland & Crosby specializes in the design, manufacture and distribution of P.O.P. signage and displays to the retail marketplace across North America. The company provides a complete range of services, from creative and structural design to storage and distribution, including digital, screen and litho print production, as well as prototyping and finishing. Through more than 80 years of history, the only constant has been steady change. Holland & Crosby is proud to be an established leader in the North American market for print technology, service and execution.
About Colormark Limited (Now branded a division of H&C LTD)
Recently acquired by Holland & Crosby, Colormark Limited has a 40-year-history of screen printing excellence. It is one of the only screen printing companies in North America to research, develop and manufacture its own line of high-quality, eco-friendly UV screen inks in-house. Joining the Holland & Crosby family will add large-format technology to Colormark’s capabilities, and the quality of the Colormark name and team to Holland & Crosby.
Source: Holland & Crosby.