Ennis, Inc. Acquires UMC Print; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Ennis, Inc. (NYSE: EBF) has acquired the operating assets of UMC Print, a leading trade-only printer and provider of commercial printing services. The acquisition is expected to drive growth with distributor partners and expand capabilities.
June 02, 2023 | 4:41 pm
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Ennis, Inc. (EBF) acquires UMC Print, expanding its capabilities and driving growth with distributor partners.
The acquisition of UMC Print by Ennis, Inc. is expected to have a positive short-term impact on EBF's stock price. UMC Print's capabilities and established presence in the industry will help drive growth with distributor partners and expand Ennis, Inc.'s capabilities, potentially leading to increased revenues and market share.
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