Consolidated Adds Three More Firms
Philadelphia—Consolidated Graphics has signed letters of intent with three more commercial printers, in advance of their eventual acquisition.
The first of the most recent batch was Piccari Press, based here. Piccari provides a full range of printing services, including electronic prepress, up to six-color printing, and complete postpress with mailing and fulfillment capabilities. The management team of Joe Trefaller, president; Carl Piccari Sr.; and Carl Piccari Jr. will remain with the company upon completion of the transaction.
Joe R. Davis, chairman and CEO of Consolidated Graphics, notes that, "Piccari has distinguished itself by focusing on the service and quality issues that are important to its customers. We are pleased to be able to support the management team of Piccari Press and their dedicated employees as they work to continue this success in the future."
Consolidated has also announced plans to acquire Byrum Lithographing, a full-service commercial printer in Columbus, OH, which offers prepress, up to six-color printing, and full-service bindery and fulfillment services. Bob Schumacher, president, will continue to lead Byrum upon completion of the transaction.
According to Davis, "Byrum is dedicated to providing customers with print solutions and exceptional customer service through superior printing technology. This is a strategy shared by all of our companies as we continually employ the latest technology to offer superior quality and efficient and timely service. We welcome Bob Schumacher and his team to our organization."
Also among the recent batch is Keys Printing, a full-service commercial printer located in Greenville, SC. Ben Keys will continue to lead the company upon completion of the transaction.
Keys provides a complete range of printing services including electronic prepress, up to six-color printing and postpress capabilities. The company serves the Greenville/Spartanburg region in South Carolina, the state's largest print market. Founded in 1869, Keys is South Carolina's oldest continuous business operation.
"With the acquisition of Keys Printing, we add not only a profitable, well-run printing company but a recognized industry leader as well," notes Davis. "Under the leadership of Ben Keys, the company received the prestigious NAPL Management Plus Award for each of the past three years.
"We welcome this successful company to our organization and look forward to benefiting from their experience and providing them the resources to continue their success in the future."
Keys adds: "Consolidated Graphics is the industry leader, and we were drawn to their success and plans for future growth. We are very pleased to be joining this strong group of printing professionals."
With the completion of its current plans, Consolidated will have companies operating in 25 states with annualized revenues in excess of $680 million.
