Business News
Consolidated Graphics Subsidiary Nies/Artcraft Acquires Certain Assets of Kohler Print Group
Tuesday 13. October 2009 - Nies/Artcraft To Do Business As Nies/Kohler
Consolidated Graphics, Inc. (NYSE:CGX) announced today that a subsidiary of Nies/Artcraft, Inc. has acquired certain assets of The Kohler Print Group and Pinnacle Press headquartered in St. Louis, Missouri. Following the completion of the transaction Nies/Artcraft, Inc. will do business as Nies/Kohler. Terms of the transaction were not disclosed.
The Kohler Print Group was founded in 1923 and is one of the leading commercial printing companies in Missouri. Owners Kevin Kohler, Kent Kohler and Keith Kohler and certain other employees of the Kohler Print Group have joined Nies/Kohler. Nies/Kohler will continue servicing the Kohler Print Group’s customers.
Commenting on the acquisition, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, “The Kohlers have a great reputation for providing first class service to their customers. With the additional resources of Consolidated Graphics behind them and their salespeople, I am confident that they will be able to continue to grow their business by offering the very best printing solutions available in the marketplace.”