Ennis, Inc. Acquires Stylecraft Printing
Rhea-AI Summary
Ennis, Inc. has announced its acquisition of Stylecraft Printing Company, a trade only printer specializing in business forms and commercial printing. The addition of Stylecraft expands Ennis' product lines and geographical footprint. Stylecraft will continue its normal operations at its current locations in Canton, Michigan.
Positive
Ennis' acquisition of Stylecraft Printing expands their product lines and geographical footprint, potentially leading to increased revenue and market share.
05/23/2023 - 06:25 PM
MIDLOTHIAN, Texas --(BUSINESS WIRE)--
Ennis, Inc. (the “Company”), (NYSE: EBF), announced its acquisition of the real estate and operating assets of Stylecraft Printing Company in Canton, Michigan . Stylecraft is a trade only printer since 1967 specializing in business forms, integrated products and commercial printing.
“We are thrilled to bring Stylecraft and its experienced employees into the Ennis family of companies,” said Keith Walters, Chairman, President & CEO of Ennis. “The addition of Stylecraft expands our product lines and geographical footprint, as well as adds a well-known brand that has been serving the distributor channel for more than 50 years. The acquisition of Stylecraft continues our strategy of adding quality companies to serve our customers and create return for our shareholders.”
Upon closing, Stylecraft Printing will continue its normal operations at its current locations in Canton, Michigan . Stylecraft can be reached at 800.521.6502 and sales@stylecraftprinting.com .
About Ennis:
Since 1909, Ennis, Inc. has primarily engaged in the production and sale of business forms and other business products. The Company is one of the largest private-label printed business product suppliers in the United States . Headquartered in Midlothian, Texas , the Company has production and distribution facilities strategically located throughout the United States to serve the Company’s national network of distributors. The Company manufactures and sells business forms, other printed business and commercial products, printed and electronic media, presentation products, flexographic printing, internal bank forms, secure and negotiable documents, envelopes, tags and labels, advertising specialties, adhesive notes, plastic cards and other custom products. For more information, visit ennis.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20230523006117/en/
Mr. Keith S. Walters, Chairman, Chief Executive Officer and President
ennis.com
Source: Ennis, Inc.
What did Ennis, Inc. acquire?
Ennis, Inc. acquired the real estate and operating assets of Stylecraft Printing Company.
What does Stylecraft Printing specialize in?
Stylecraft Printing specializes in business forms and commercial printing.
Where will Stylecraft Printing continue its operations?
Stylecraft Printing will continue its operations at its current locations in Canton, Michigan.
EBF Rankings
#2468 Ranked by Stock Gains
EBF Stock Data
Industry
Commercial Printing (except Screen and Books)
Sector
Manufacturing
Tags
Commercial Services, Commercial Printing/Forms, Manufacturing, Commercial Printing (except Screen and Books)
About EBF
ennis, inc., together with its subsidiaries, engages in the production and sale of business forms and other business products in north america. the print segment designs, manufactures, and sells business forms and printed business products including snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products. as one of the largest providers of financial and security documents, presentation and document folders, promotional products, and advertising concept products are also produced in over 50 locations. many facilities also provide warehousing, kitting and fulfillment. the print segment also offers point of purchase advertising for large franchise and fast food chains. ennis sells its products through independent dealers, including business forms distributors, stationers, printers, computer software developers, and advertising agencies in the united states. the company, formerly known as ennis business forms
