Cenveo Announces Agreement to Sell Forms and Business Documents Group to Ennis; Terms Not Disclosed
Cenveo, Inc. (NYSE: CVO) today announced that it has agreed to sell its Forms and Business Documents Group ("Documents Group") to Ennis, Inc. (NYSE: EBF), manufacturer of printed business products & apparel headquartered in Midlothian, Texas. The divestiture of the Documents Group, including the Printegra and PrintXcel brands, to Ennis is expected to better position the business for continued growth and success. The sale is expected to close during February 2012. Terms of the transaction were not disclosed.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.