Ennis, a company engaged in the production and sale of business forms, other business products and apparel to customers, said Monday that it has acquired Independent Printing Company, Inc. and related entities in a stock purchase transaction that closed Jan. 27, for an undisclosed amount.
Independent had sales of approximately $37 million for the calendar year just ended and sells mainly through distributors and resellers, Ennis said. The majority stockholder was a private equity firm in New York. Independent has four locations in Wisconsin, with its main facility located in DePere, Wisconsin. The business produces presentation folders, checks, wide format and commercial printing.
With the acquisition, Ennis now has four folder facilities in Michigan, Kansas, California and Wisconsin, as well as wide format capabilities in Colorado and Wisconsin. The operations will continue under the Independent and related entity names. All of the locations will continue their normal operations.