Cadmus Communications to Acquire Printing Operations of LexisNexis
Virtually all of the approximately 90 employees in Charlottesville and 35 employees in Conklin will transition to Cadmus as result of the transaction. The deal will not directly impact other LexisNexis operations.
In announcing the agreement, LexisNexis noted that it will be better able to concentrate its efforts and investments in areas critical to enhancing its competitive position in the markets it serves. “Through this transaction with Cadmus, we can maintain and enhance our position and capabilities in print while directing more of our attention and resources to developing innovative solutions for our customers,” said Ed Gould, senior vice president of Global Production for LexisNexis. “Cadmus has been a strong partner over the years and we look forward to continuing to work closely with them in the future.”
- Companies:
- Cadmus Communications Corporation
- People:
- Bruce Thomas