Ennis Acquires Thermal Paper Products Maker Telemark Diversified Graphics; Terms Not Disclosed

The acquisition expands Ennis’ thermal paper capabilities and broadens its product offerings for distributors serving financial institutions, retailers and other businesses.

Like Ennis, Telemark sells its products through distributors. The company serves banking, gaming, food distribution, law enforcement and parking management markets. Its products support everyday transactions and field operations, from ATM and retail receipts to parking tickets and mobile printing.

"Telemark’s experience in thermal paper products and its focus on serving distributors make it a good fit for Ennis," said Keith Walters, Chairman, President and Chief Executive Officer of Ennis. "The addition of Telemark complements our existing manufacturing capabilities and broadens the products available to our distributor network. I want to welcome Telemark’s employees and customers to the Ennis family."

Telemark’s product offerings include ATM paper, point-of-sale paper, mobile printer rolls, kiosk paper, parking tickets and event tickets.