Friday, June 10, 2011

Badger Blueprint bought by American Reprographics

Well, I was wrong. There was some sort of Press Release, after all.

Badger Blueprint bought by American Reprographics

The Business Journal

Date: Friday, June 10, 2011, 10:52am CDT

American Reprographics Co. said this week that it acquired Waukesha-based Badger Blueprint Co., a provider of reprographics and document services to architects, engineers and contractors.

Badger Blueprint’s Waukesha and Oconomowoc offices are expected to remain open. Former owner Scott Schamens will become sales director for American Reprographics’ Wisconsin region, which includes offices in Brookfield, Madison and Eau Claire.

“By adding the strength of (American Reprographics) and their technological portfolio, we will be not only continuing our relationships with customers, but bringing them the technical tools and resources that come with being part of a large public company,” Schamens said in a press release.

Greg Davis, general manager of American Reprographics’ Wisconsin branches, will head operations at the newly combined companies.

The merger with Badger Blueprint is expected to improve American Reprographics’ market share in the Milwaukee area and “provide important technology and resources to the former Badger Blueprint business model,” according to senior region vice president Gary Marquardt in a press release.

American Reprographics (NYSE: ARC), based in Walnut Creek, Calif., had net sales of $441.6 million in fiscal year 2010, down from $501.5 million in 2009. It had sales of $106.5 million in the first quarter of 2011, a 5 percent decrease from the same time last year.

Terms of the transaction were not disclosed.

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