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Ennis Acquires Kay Toledo in Stock Purchase

Kay Toledo Tag has $25 million in sales and sells through distributors and resellers

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Ennis, Inc. announced the purchase of Kay Toledo Tag and Special Service Partners in a stock purchase transaction that closed Dec. 31, 2014.  Kay Toledo has locations in Toledo, OH and Neenah, WI through Special Service Partners. Experts in digital printing and customer short-run printing, Kay Toledo Tag produces tags, labels, tickets and commercial printing. Kay Toledo Tag has $25 million in sales and sells through distributors and resellers. The company will have five tag facilities in Texas, Iowa, Ohio and Wisconsin.

“We are delighted to have the opportunity to combine the tag and label expertise of Kay Toledo Tag with the other Tag & 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, Inc. stated that “he 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. 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.

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