Significantly Expands Baltimore/Washington D.C. Market Share
HOUSTON--May 31, 2002--Consolidated Graphics, Inc. announced today that it has signed a definitive agreement for the acquisition of the business and assets of S&S Graphics, Inc., a premier half-web and sheet-fed printing company serving the Baltimore/Washington D.C. metropolitan area from its facility in Laurel, Maryland. George Solan, founder and President of S&S Graphics, will remain with the company following the acquisition.
Commenting on the announcement, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, stated, "We are extremely pleased to have George Solan and his outstanding team from S&S Graphics, a company whose reputation I have long admired, join Consolidated Graphics."
Charles White, President and Chief Operating Officer of Consolidated Graphics, added, "S&S Graphics significantly strengthens our Baltimore/Washington D.C. presence and expands our customer service capabilities in that market to include heat-set half-web printing. We look forward to working with the dedicated employees of S&S Graphics to capitalize on the growth opportunities being created from this acquisition."
Also commenting on the announcement, George Solan, President of S&S Graphics, stated, "Consolidated Graphics is the industry leader and we are proud to be associated with them. Their demonstrated commitment to helping their companies grow through investments in new technology and equipment, enhancements to customer service through CGXMedia, and sharing of best practices among all of their companies is very exciting to us."
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