Ennis Inc. Acquires Kay Toledo Tag Inc. and Special Service Partners
Ennis Inc., Midlothian, Texas, has purchased Kay Toledo Tag Inc. and Special Service Partners (collectively known as "Kay Toledo") in a stock purchase transaction that closed Dec. 31, 2014. Kay Toledo has locations in Toledo, Ohio and Neenah, Wis., the latter through Special Service Partners.
Experts in digital printing and customer short-run printing, Kay Toledo Tag produces tags, labels, tickets and commercial printing. The company has $25 million in sales and sells through distributors and resellers. Kay Toledo Tag will have five tag facilities in Texas, Iowa, Ohio and Wis.
"We are delighted to have the opportunity to combine the tag and label expertise of Kay Toledo Tag with the other tag and label operations of Ennis," said Keith Walters, chairman, president and CEO of Ennis. "The Kay family will be instrumental in bringing their skills and know-how in this market to the Ennis organization and we believe they will allow us to grow this business in all segments of the tag and label market.
Dan Kay, president of Kay Toledo Tag, and his family are excited to be able to merge with the Ennis organization. "The ability to market to a broader customer base with more geographic and product diversity will strengthen the business and allow Kay Toledo Tag to expand," Kay added. "The financial strength of Ennis will allow us to grow this business and serve our customers."
The operations will continue under the Kay Toledo Tag and Special Service Partners names. All of the locations will continue their normal operations.
For more information, visit www.ennis.com.