CGX Acquires Kelmscott

M&A mania cooled, along with the economy, and several other consolidators fell on hard times, even bankruptcy. As transactions have increased over the past year, Houston-based CGX sent a message to the industry that it remains in the M&A foreground following the late January announcement that it had acquired former competitor Kelmscott Communications, headquartered in San Francisco. Kelmscott ranked 53rd on the 2004 Printing Impressions Top 400 list with self-reported sales of $110 million.