Midlothian, TX-based Ennis, Inc. (asi/52493), a Top 40 promotional products supplier as recently as 2017, has announced the signing of a share purchase agreement to acquire all the outstanding stock of The Flesh Company and its subsidiary, Impressions Direct. Financial terms of the deal were not released.

Ennis will buy the stock for cash, and the price is subject to certain working capital and escrow adjustments, the company said. Additional consideration in the form of an earn-out is also being established. Flesh had approximately $31.1 million in sales for the twelve months ended September 30, 2018 and sells mainly to distributors and resellers.

Operations will continue under The Flesh Company and related brand names. All of the facilities will continue their normal operations in their current locations. Fenton, MO-based Flesh has two locations: its corporate office and direct mail operations are housed in St. Louis, and its manufacturing facility and warehouse are located in Parsons, KS.

“We are delighted to have the opportunity to combine the Flesh organization with the other operations of Ennis,” Keith Walters, chairman, president & CEO of Ennis, said in a press release. “The Flesh Company is truly regarded as one of the outstanding companies in the print industry with a heritage that dates back for more than 100 years. They provide business forms, checks, direct mail services, integrated products and labels. The addition of direct mail will continue to add to the capabilities we added with the recent acquisitions of Wright Business Graphics on the West Coast and Integrated Print Graphics in Chicago as well as expanding our integrated products and label capabilities.”