Ennis Inc.

Ennis Makes Two Acquisitions
January 1, 2000

SAN ANTONIO—DeSoto, TX-based Ennis Business Forms, beginning to show the benefits of its recent reorganization, has returned to making acquisitions. Ennis has entered into an agreement to purchase the assets and business of American Forms, a business forms manufacturer that is based here. In its most recent fiscal year, American had sales of approximately $4.5 million. According to Keith S. Walters, chairman and CEO, this acquisition complements Ennis' market presence in the San Antonio metro market, and it is expected to enhance American Forms' ability to serve its existing customer base. In addition to the American Forms purchase, Ennis also announced the acquisition of