Ennis Inc. Acquires Allen-Bailey Tag & Label in Asset Purchase Deal
Ennis Inc., through one of its subsidiaries, has acquired Allen-Bailey Tag & Label, Caledonia, N.Y., in a purchase of assets and assumption of trade payables. A majority of employees will continue to run the business in the same location.
Allen-Bailey Tag & Label has a long history in Caledonia, stretching back almost 70 years. The company produces tags and labels for the fire safety and agriculture (shellfish) industries, and has sales representatives in several states outside of New York. Allen-Bailey Tag & Label, which ranked No. 43 on Print+Promo’s 2017 Top 50 Suppliers list, generated roughly $12 million in sales volume for its most recently completed fiscal year.
Ennis also owns another business in Caledonia, N.Y.: Specialized Business Forms Inc., which the Midlothian, Texas-base supplier acquired in 2005.
Keith Walters, president and CEO of Ennis, released the following statement:
We are glad to have added another well-known, quality tag and label brand to our operations within the Ennis family. It is also important that we have added new market niches, and that we have expanded our geographic presence of tags and labels into the eastern seaboard. We look forward to growing this business and continuing its fine customer service.
For more information, visit www.ennis.com.
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