UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 or 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): January 30, 2017 (January 27, 2017)
Ennis, Inc.
(Exact Name of Registrant as Specified in Its Charter)
| Texas | 1-5807 | 75-0256410 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number |
(IRS Employer Identification No.) | ||
| 2441 Presidential Pkwy. Midlothian, Texas | 76065 | |||
| (Address of Principal Executive Offices) | (Zip Code) | |||
Registrant’s Telephone Number, Including Area Code: (972) 775-9801
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) |
| Item 1.01 | Entering into a Material Definitive Agreement |
On January 27, 2017, Ennis, Inc., a Texas Corporation entered into a Stock Purchase Agreement pursuant to which, on the same date, acquired the stock of Independent Printing Company, Inc. and related entities (“Independent”) for $17.75 million. Independent, which generated approximately $37.0 million in sales during the most recent calendar year, will continue to operate under its respective brand names. The Company used its available cash to fund the transaction.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
| Exhibit No. |
Description | |
| 99.1 | Ennis, Inc. press release dated January 30, 2017 announcing the acquisition of Independent Printing Company, Inc. and related entities. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Ennis, Inc. | ||
| By: | /s/ Richard L. Travis Jr. | |
| Richard L. Travis, Jr. | ||
| Chief Financial Officer | ||
Date: January 30, 2017
EXHIBIT INDEX
| Exhibit No. |
Description | |
| 99.1 | Ennis, Inc. press release dated January 30, 2017 announcing the acquisition of Independent Printing Company, Inc. and related entities. | |