New Era Of Consolidation
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"On the other hand, I'm not talking about a huge, dramatic shift in a short period of time. Over the next 24 months a deal or two in each major market that eliminates some competitors and makes someone who is already fairly substantial in that market bigger."
Consolidated Graphics, which has acquired 65 companies since 1985, didn't make any transactions in either 2000 or 2001, but closed three deals in February 2002. The company continues to evaluate potential deals, according to Joe Davis, chairman and CEO. The company is currently conducting talks with 90 prospective partners.
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