Ennis Inc. Acquires Allen-Bailey Tag & Label in Asset Purchase Deal
MIDLOTHIAN, Texas - May 3, 2018 - Ennis, Inc., through one of its subsidiaries, has acquired Allen-Bailey Tag & Label of Caledonia, N.Y., in a purchase of assets and assumption of trade payables. A majority of employees will continue to run the business in the same location. Allen-Bailey has a long history in Caledonia, N.Y., stretching back almost 70 years. Allen Bailey produces tags and labels for the fire safety and agriculture (shellfish) industries and has sales representatives in several states other than New York. The business has about $12 million in sales volume. Ennis also owns another business in Caledonia, N.Y., Specialized Business Forms, Inc., which was acquired in 2005.
Keith Walters, President and CEO of Ennis, had these comments related to the purchase, “We are glad to have added another well known, quality tag and label brand to our operations within the Ennis family. It is also important that we have added new market niches and that we have expanded our geographic presence of tags and labels into the eastern seaboard. We look forward to growing this business and continuing its fine customer service.”
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of Printing Impressions.