Quad acquires HGI
Quad/Graphics has announced its acquisition of HGI Co., a full-service commercial and specialty products printer, building on a partnership the two companies established earlier this year.
The acquisition brings together HGI's expertise in the commercial and specialty products segments with Quad/Graphics' technology and innovation to provide quick-turn, customized and value-added solutions on a global scale.
HGI - which had been majority owned and led by Craig Faust and his team of print industry professionals - will opperate as a division of Quad/Graphics. Faust will serve as the division's preseident.
Quad/Graphics entered into a partnership with HGI in February, purchasing a minority interest. Faust retained majority ownership.
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