Lakeside Book Co. has acquired Phoenix Color Corp., a subsidiary of ALJ Regional Holdings. Phoenix Color Corp. is a specialty printer of book components and children’s books with printing facilities in both Indiana and Maryland.
“We know Phoenix well as a recognized leader in book components,”said Dave McCree, CEO of Lakeside. “Adding their team’s capabilities to Lakeside Service offerings will enable our publishing customers to conveniently manage book and cover printing in one place. We are always looking for ways to make the printing supply chain more efficient for publishers and this transaction would be a significant step in that direction.”
“The combination of Phoenix’s component production capabilities and Lakeside’s book manufacturing services would provide customers the benefits of streamlined order processing, scheduling and speed of delivery,”said Marc Reisch, chairman and CEO of Phoenix. “Lakeside has been a key Phoenix customer for a number of years, and we are confident Lakeside will be a good home for the exceptional Phoenix team.”
“Phoenix has been a terrific member of the ALJ family of companies,”added Jess Ravich, CEO of ALJ. “While we are sad to lose the Phoenix team, we are excited that we have found a synergistic home for the business that will enable it to enhance its services to its customers.”