MOUNTAIN LAKES, NJ – November 28, 2017 – Kingery Printing, an Effingham, Illinois-based commercial printer offering a full suite of prepress, sheet-fed and web printing, binding and distribution services, has completed the acquisition effective January 1, 2017 December announced. from Mattoon, Ill., United Graphics, a digital and offset printing company that specializes in the production of books, catalogs, guides, and newsletters. Graphic Arts Advisors (GAA), Mountain Lakes, NJ, a strategic financial advisory and advisory firm dedicated exclusively to all sectors of the graphics communications industry, represented Kingery Printing on the acquisition with GAA Director John Hyde, Esq. acts as lead advisor for the purchase.
Under the terms of the agreement, United Graphics and its Mattoon facility will become part of the Kingery Printing organization, which includes the headquarters and manufacturing facility in Effingham, as well as a facility in Henry. Ill. John Wurtsbaugh, President of United Graphics, will become COO of Kingery Printing, who oversees operations at all three facilities.
Prior to the acquisition, the two companies – both second generation family-owned organizations – worked together on a number of collaborative projects and found that they shared a common philosophy and culture. At the same time, they have different service offerings which, when combined, give customers a full range of options for their printing and communication needs.
Michael Kingery, President of Kingery Printing, commented on the acquisition: “There are a number of synergies between Kingery Printing and United Graphics that make this a very positive step for our company and our customers. The proximity of our plants and the high The level of expertise, enthusiasm and commitment from management and staff to customer service mean we are in an even stronger position to meet our top priority and further improve the customer experience. “
Kingery went on to say that the acquisition brings together a full service offering that includes state-of-the-art prepress. Digital, sheetfed and web press technologies; and a full list of finishing options including embroidery, perfect binding and mechanical binding, as well as online, near-line and co-mailing capabilities.
Wurtsbaugh also commented, “By bringing our equipment and services together into Kingery Printing, and most importantly, bringing together our very talented and experienced people, we have a combined organization that can open up new markets and expand our presence with existing customers and help us to grow from a position of strength. This benefits our company, our employees and our customers. “
He added that Graphic Arts Advisors was instrumental in bringing the agreement to a successful conclusion. “John Hyde of Graphic Arts Advisors made the transaction a win-win for both organizations,” said Wurtsbaugh. “It won everyone’s trust and enabled us to speak openly and openly address all issues throughout the process, which was extremely helpful.”
Commenting on the acquisition, Hyde added: “The acquisition of United Graphics by Kingery Printing contains all of the elements necessary to achieve a successful merger of two companies – offering a similar culture and shared commitment to customer service and different service boards combined a comprehensive and robust offer for customers. We wish them every success. “
Source: graphic consultant.
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