American Reprographics Company Acquires Queen City Reprographics
GLENDALE, California — American Reprographics Company (NYSE: ARP), the nation's leading provider of reprographic services and technology with more than 190 locations across the U.S. today announced its acquisition of Queen City Reprographics, a privately held company.
Queen City Reprographics, founded in 1908 with headquarters in Cincinnati, OH provides a wide array of reprographic services consistent with the service offerings of American Reprographics Company. Queen City Reprographics' annual revenue in 2004 was approximately $14.0 million. Terms of the transaction were not disclosed.
S. "Mohan" Chandramohan, Chairman and Chief Executive Officer of ARC said, "Queen City is a strategic acquisition for the Company. We view its leadership position in the region as an excellent platform from which to extend our presence into new markets, including southern Ohio, northern Kentucky and the Indianapolis metropolitan area."
"We are delighted to have them on board. It was clear to us that the strong local leadership, dedicated employees and loyal customer base was an excellent strategic fit with ARC's operations," concluded Mohan.
About American Reprographics Company
American Reprographics Company is the leading reprographics company in the United States providing business-to-business document management services to the architectural, engineering and construction, or AEC industries. The company provides these services to companies in non-AEC industries, such as technology, financial services, retail, entertainment, and food and hospitality, which also require sophisticated document management services. We provide our core services through our suite of reprographics technology products, a network of locally branded reprographics service centers across the U.S., and on-site at our customers' locations. Our service centers are arranged in a hub and satellite structure and are digitally connected as a cohesive network, allowing us to provide our services both locally and nationally. We serve more than 65,000 active customers.
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