SGS International Acquires Stevenson Color
Tuesday, October 23, 2012
Press release from the issuing company
LOUISVILLE, Ky. - SGS International, Inc. ("SGS"), a global leader in design-to-print graphics services to the consumer products packaging industry, announced today that its wholly owned subsidiary, Southern Graphic Systems, Inc., has acquired Stevenson Color, Inc. ("Stevenson Color").
Headquartered in Cincinnati, Ohio, Stevenson Color is a fully integrated provider of graphics services to branded consumer products companies and retailers. Founded in 1926, the company has more than 170 employees and is managed by the fourth generation of the founder's family. Tom Stevenson will continue as President and Andy Stevenson as Executive Vice President. The company will continue to operate under the Stevenson Color name.
"SGS's interest in Stevenson Color was driven by its outstanding leadership, workforce culture and the unique value proposition it offers to the retail market," said Hank Baughman, President and Chief Executive Officer of SGS. "SGS and Stevenson Color share guiding principles in that we are intensely focused on the customer and exceeding customer expectations is our number one priority."
"I am excited by the opportunity to continue leading Stevenson Color as part of the SGS family," said Tom Stevenson. "This acquisition will not only allow Stevenson Color to continue to grow, but will enable us to better serve our customers by offering the full range of services provided by SGS."
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