LISLE, IL—Just when the breakneck pace of commercial printing industry acquisitions was slowing, the lull came to a resounding end with yet another spate of new purchases. Perhaps the biggest news was that, after months of regrouping, Wallace Computer Services, based here, returned to its acquisition course, acquiring Commercial Press, reportedly the largest commercial printer in San Diego. Commercial Press has 200 employees and projected sales this year of $26 million. The addition brings Wallace up to 25 commercial printing facilities throughout the United States. Mike Duffield, Wallace's president and COO, says Commercial's "profitability is strong, plus there is additional capacity that can be filled by
Schawk Inc.
LISLE, IL—Just when the breakneck pace of commercial printing industry acquisitions was slowing, the lull came to a resounding end with yet another spate of new purchases. Perhaps the biggest news was that, after months of regrouping, Wallace Computer Services, based here, returned to its acquisition course, acquiring Commercial Press, reportedly the largest commercial printer in San Diego. Commercial Press has 200 employees and projected sales this year of $26 million. The addition brings Wallace up to 25 commercial printing facilities throughout the United States. Mike Duffield, Wallace's president and COO, says Commercial's "profitability is strong, plus there is additional capacity that can be filled by
DES PLAINES, IL—In the space of one week, Schawk Inc., based here, has moved to acquire two New York imaging companies: Horan Imaging Solutions and Chromart Corp. Horan Imaging Solutions, a digital imaging services company that serves major advertising agencies in New York City, provides digital image assembly and digital scanning. Horan's revenues are approximately $17 million. Terms of the transaction were not disclosed. Chromart Corp., a $3 million digital imaging services provider serving major consumer products companies and advertising agencies in New York City, is known in the industry for its electronic retouching work. Again, terms were not disclosed. David A. Schawk, Schawk president and