Rock Communications Obtains Colorfx
NEWTON, IA—Rock Communications, based here, has completed a deal to acquire Colorfx Inc. of Des Moines, IA. Terms of the transaction were not disclosed.
Combined, the companies have annual sales of approximately $75 million and some 400 employees in five facilities throughout central and northeastern Iowa. Colorfx and Rock Communications will retain their original names.
The merged operations will be led by Jon Troen, president of Rock Communications. John DeVries, current president and CEO of Colorfx, is retiring to pursue other interests.