AcquisitionsMay 8, 2026, 10:46 AM
Ennis Completes 3 Acquisitions; Boosts Sales by $46.5M
AI Summary
Ennis, Inc. completed three strategic acquisitions in fiscal years 2025 and 2026, adding a combined $46.5 million in annual sales. These acquisitions, including CFC Print & Mail, Northeastern Envelope Company, Envelope Superstore, and Printing Technologies, Inc., aim to strengthen the company's market position and diversify product offerings. The company reported a backlog of $24.6 million at fiscal year-end 2026 and highlighted its environmental stewardship efforts, including recycling 18.8 million pounds of paper.
Key Highlights
- Acquired CFC Print & Mail on November 14, 2025, adding $7.1 million in sales.
- Acquired Northeastern Envelope Company and Envelope Superstore on April 11, 2025, adding $26.9 million in combined sales.
- Acquired Printing Technologies, Inc. on June 26, 2024, adding $12.5 million in sales.
- Backlog of firm orders was $24.6 million at February 28, 2026, down from $25.7 million in 2025.
- Employed 1,835 individuals as of February 28, 2026.
- Recycled 18.8 million pounds of paper and 3.8 million pounds of cardboard in fiscal year 2026.
- Pension Plan was 104% funded on a projected benefit obligation basis.
- One customer represented 6.2% of consolidated accounts receivables at fiscal year-end 2026.