Ennis Acquires Eagle Graphics, Inc. And Diamond Graphics, Inc.; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Ennis, Inc. (NYSE:EBF) has announced the acquisition of Eagle Graphics, Inc. and Diamond Graphics, Inc. Both companies specialize in commercial and direct mail printing respectively. The acquisition is expected to strengthen Ennis's production capabilities and expand its presence in Pennsylvania.

October 13, 2023 | 5:28 pm
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Ennis's acquisition of Eagle Graphics and Diamond Graphics could potentially enhance its production capabilities and expand its market presence in Pennsylvania.
Acquisitions often provide companies with opportunities to expand their market presence and enhance their capabilities. In this case, Ennis's acquisition of Eagle Graphics and Diamond Graphics, both of which specialize in different areas of printing, could potentially strengthen its production capabilities. This could lead to increased revenues and profitability in the future, which would likely have a positive impact on its stock price.
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