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HAGERSTOWN, MD, September 21, 2017 – Phoenix Color Corp. (“Phoenix”), a wholly-owned
subsidiary of ALJ Regional Holdings, Inc. (Nasdaq: ALJJ) (“ALJ”), announced today that it has entered
into an asset purchase agreement to acquire the assets of Moore-Langen Printing Company, Inc. (“Moore-
Langen”) in Terre Haute, Indiana from LSC Communications, Inc. (NYSE: LKSD) (“LSC”).
Marc Reisch, Executive Chairman of Phoenix, stated “Our acquisition of Moore-Langen continues our
commitment to book manufacturing, further extending our industry leading book component capabilities.
We are very pleased to also be entering into a long-term supply agreement with LSC.” Mr. Ravich added,
“We continue to focus on targeted acquisitions, which are accretive to our business and provide long-term
value for all our stakeholders.”
Moore-Langen has a history in the printing business dating back to 1864. David McCree, President
of LSC's Book division, commented, "LSC is pleased to grow our strategic relationship with
Phoenix. We see this transaction adding mutual value to our abilities to better service our book
publishing clients and their businesses."
Phoenix Color Corp. Closes Color Optics Acquisition
NEW YORK, NEW YORK and HAGERSTOWN, MARYLAND, July 18, 2016 - Phoenix Color Corp. (“Phoenix Color”), a wholly owned subsidiary of ALJ Regional Holdings Inc. (Nasdaq: ALJJ) (“ALJ”), today announced the closing of the acquisition of the Color Optics packaging business which it acquired from AKI, Inc.,which does business under the name Arcade Beauty.
About Phoenix Color
Phoenix Color® is a premier full-service, full-color printer with over 30 years of superior print experience. Drawing on a broad spectrum of materials and decorative technologies, Phoenix Color® produces memorable, value-added components, heavily-illustrated books, cut and stack labels, folding cartons and specialty commercial products.
About Color Optics
Color Optics is a leading printing and packaging solutions enterprise servicing the beauty, fragrance, cosmetic and consumer-packaged goods markets.
About ALJ Regional Holdings, Inc.
ALJ Regional Holdings, Inc. is the parent company of Faneuil, Inc., a leading provider of outsourcing and co-sourced services to both commercial and government entities in the healthcare, utility, toll and transportation industries, Floors-N-More, LLC, dba Carpets N' More, one of the largest floor covering retailers in Las Vegas and a provider of multiple finishing products for commercial, retail and home builder markets including all types of flooring, countertops, cabinets, window coverings and garage/closet organizers, with five retail locations, and Phoenix Color Corp., a leading manufacturer of book components, educational materials and related products producing value-added components, heavily illustrated books and specialty commercial products using a broad spectrum of materials and decorative technologies.