Ennis, Inc. acquired Operating assets of UMC Print, LLC for $7.7 million.
June 01, 2023
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Ennis, Inc. (NYSE:EBF) agreed to acquire Operating assets of UMC Print, LLC on June 2, 2023. Upon closing, UMC Print will continue its normal operations at its current location in Overland Park, KS.
Ennis, Inc. (NYSE:EBF) completed the acquisition of Operating assets of UMC Print, LLC for $7.7 million on June 2, 2023. Operating assets of UMC Print, LLC generated approximately $16 million in sales for fiscal year ended December 31, 2022.
Ennis, Inc. is engaged in the business of manufacturing, designing and selling business forms and other printed business products, primarily to distributors located in the United States. The Company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls and pressure-sensitive products in short, medium and long runs. The Companyâs Adams McClure brand provides point of purchase (POP) advertising; the Admore, Folder Express, and Independent Folders brands provide presentation folders and document folders; Ennis Tag & LabelSM provides custom printed, labels and custom and stock tags; Allen-Bailey Tag & LabelSM, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners (SSP) provide custom and stock tags and labels; and Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation provide custom and imprinted envelopes. It operates approximately 54 manufacturing plants throughout the United States in 20 states.