Acquisition Further Strengthens Products & Services Offerings to the Educational Publishing Community
BRAINERD, Minn. (BUSINESS WIRE)—CJK Group announced today that it has entered into a definitive agreement to acquire the assets of Webcrafters, headquartered in Madison, Wisconsin. www.webcrafters-inc.com
Webcrafters is a leading supplier to the educational publishing and catalog markets and has about 270 employees. The company provides conventional off-set printing, digital printing, a wide variety of bindery and finishing services and fulfillment and distribution. Webcrafters has called Madison home for over 150 years.
Jac Garner, Webcrafters, Inc. CEO: “Becoming part of the CJK Group – a large and diverse array of companies – is a big step forward for Webcrafters. The CJK Group has the right vision for making certain that Webcrafters has a durable and future-oriented strategy to continue as a key player in the marketplace and do that right here in the Madison area. Both the ownership (the Frautschi family) and executive leadership see today as a great next chapter for Webcrafters.”
The CJK Group, Inc.’s CEO, Chris Kurtzman, states “We are very excited about this transaction as it strengthens our ability to serve the educational publishing and book communities. Webcrafters is well known in the marketplace for its family values and exemplary service, making it a perfect fit within the CJK family of companies. With its significant platform of digital print and specialty finishing, Webcrafters along with CJK’s national portfolio of publishing, print and related services businesses, are well positioned to deliver value to an expanding customer base.
About CJK Group, Inc.
CJK Group, Inc. is the holding company for Bang Printing – a leading manufacturer of books, catalogs, publications and fulfillment services – Brainerd, MN and Palmdale, CA, Hess Print Solutions – Brimfield, OH, Sentinel Printing Company – St Cloud, MN, Victor Graphics – Baltimore, MD, Sinclair Printing Company – Los Angeles, CA, and The Sheridan Group –Waterbury, VT, Hanover, NH, Hanover, PA, Chelsea, MI and Hunt Valley, MD. www.cjkgroup.com