Ennis Inc.

Busy Cenveo Sells Division, Acquires National Envelope
October 1, 2013

Cenveo Inc. has executed a letter of intent to sell its Custom Envelope Division (CED) to Ennis Inc., a manufacturer of printed business products and apparel, headquartered in Midlothian, TX, for approximately $47.25 million in cash and the assumption of certain trade liabilities. In other Cenveo news, Robert Burton Jr. and Dr. Susan Herbst have been appointed to the company's board of directors.

Ennis Closes on Custom Envelope Group from Cenveo
September 30, 2013

Ennis Inc. has closed the agreement to acquire the assets of the Custom Envelope Group from Cenveo Corp. "The expansion of our envelope production and imprinting into the eastern United States gives us broader geographic reach to serve our customer base with this product," said Keith Walters, chairman, CEO and president of Ennis Inc.

Ennis Signs Agreement to Acquire Folder Express
September 24, 2013

Ennis Inc. has executed a definitive agreement to acquire the assets of Folder Express from Wright Printing of Omaha, NE. The closing, which is expected to be on or before September 30, 2013, is subject to the completion of normal pre-closing items. Folder Express will continue to operate at its current location in Omaha, NE.

Cenveo Sells CED to Ennis for $47.25M
September 20, 2013

STAMFORD, CT—Cenveo Inc. announced that it has executed a letter of intent to sell its Custom Envelope Division (CED) to Ennis Inc., a manufacturer of printed business products and apparel, headquartered in Midlothian, TX, for approximately $47.25 million in cash and the assumption of certain trade liabilities. The closing, which is expected to be on or before Sept. 27, is subject to the completion of normal due diligence procedures and the consummation of a definitive purchase agreement between the two parties.

Cenveo Reaches Agreement to Sell Custom Envelope Division to Ennis
September 17, 2013

Cenveo Inc. has executed a letter of intent to sell its Custom Envelope Division to Ennis Inc., for approximately $47.25 million in cash and the assumption of certain trade liabilities. "This divestiture allows Cenveo to focus on our direct and office product envelope businesses, our integration of National Envelope and our other core operations," stated Cenveo Chairman and CEO Robert G. Burton Sr.

Ennis Q1 Results: Print Sales Down 6.8 Percent
June 24, 2013

Ennis Inc. has reported that print sales were down 6.8 percent on a comparable quarter basis, from $87.3 million to $81.4 million, but were up 2.0 percent on a sequential quarter basis from $79.8 million.

Ennis Posts Increase in Net Sales as Print Sales Spike
September 25, 2012

Ennis had consolidated net sales of $138.3 million in the second quarter, compared to $130.4 million for the second quarter ended August 31, 2011, or an increase of 6.1 percent. Print sales increased 24.3 percent for the quarter, to $86.0 million from $69.2 million.

Ennis Posts Lower Net Earnings on Flat Net Sales
June 25, 2012

Ennis’ consolidated net sales were $142.5 million for the quarter ended May 31, 2012, compared to $143.3 million for the same period of 2011. Print sales (including the Printegra and PrintXcel acquisitions) for the quarter were $87.3 million vs. $67.1 million, or an increase of 30.1 percent.

Upfront
March 1, 2012

Commercial Printing Industry News Briefs from Printing Impressions’ March 2012 edition, including items on Indexx, PrintingForLess.com, RR Donnelley, Cenveo, Lifetouch Church Directories & Portraits, Annan & Bird Lithographers, Concord Litho, NPG Printing, and Minuteman Press.

Cenveo to Sell Forms, Documents Divisions to Ennis
February 3, 2012

STAMFORD, CT—Cenveo Inc. has agreed to sell its Forms and Business Documents Group to Ennis Inc., a manufacturer of printed business products and apparel headquartered in Midlothian, TX. The divestiture of the group, including the Printegra and PrintXcel brands, to Ennis is expected to better position that business for continued growth and success.