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American Reprographics Acquires Universal Repro

Wednesday, January 24, 2001

Press release from the issuing company

GLENDALE, Calif., -- American Reprographics Company (ARC), the country's leading provider of reprographic services and technology in more than 140 locations nationwide, today announced the acquisition of Universal Reprographics South, Inc., based in Irvine, Calif. This acquisition brings three new locations to the growing ARC family of companies nationwide, including offices in Orange and Costa Mesa in addition to the main office at 16781 Millikan Avenue in Irvine. Universal Reprographics South, Inc. has $6 million in annual revenues, 120 employees, and more than 1,500 customers, including major accounts such as Mitsubishi and Toshiba. Other financial details of the transaction were not disclosed. ARC plans to consolidate Universal Reprographics into its wholly-owned regional operating division, OCB Reprographics, Inc., managed by President Chuck Hayes. "One of American Reprographic's goals is to have a service center within 10 minutes or less of a majority of our clients," said Hayes. "Universal's three offices enable us to expand our coverage in the greater Orange County/San Diego areas and also give us the ability to provide faster, high-quality turnaround for customers who come to us for traditional as well as digital reprographic services." According to Mohan Chandramohan, chairman and CEO of American Reprographics, "Universal is an exact fit for us. This company is a traditional family-owned reprographics business with a long history of successful operations. It has a strong local focus and a large group of dedicated and highly-skilled employees. Some 60 percent of employees have been with Universal for 10 years. Several have more than 25 years of service." American Reprographics Company is the largest reprographics firm in the country and creator of PlanWell, the world's largest online plan room. The company manages, distributes, and reproduces architectural, engineering and construction-oriented plans touching every aspect of the design-to-build process. It also serves a broad base of other clients with specialty printing services ranging from high-volume, small-format black & white duplication to quick-turnaround, large-format color reproductions.

 

 

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