Universal Graphix
buys United Lithograph The terms of the purchase were not disclosed, but Universal Graphix has retained all 68 employees at the commercial and digital printing company. The purchase is the fourth recent acquisition by the Rockland, Mass.-based company, which has changed its name from Graphic Services to Universal Graphix to better reflect the growing scope and presence of the company. The deal now puts Universal Graphix’s annual revenues at $50 million. The company — which also operates a fulfillment and distribution operation in Hanover, Mass. — will consolidate all of its print operations at locations in Rockland and Somerville. “This new acquisition will allow us to more effectively compete
within the commercial marketplace,” said Bill Fitzgerald, Universal
Graphix’s president and chief executive officer. “We have
had phenomenal success in the financial and educational markets and
we look to apply our customer-focused model to the commercial marketplace.” |
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