Jornik Acquires Zan Enterprises
Financial Terms Of Deal Not Disclosed
Supplier Jornik Manufacturing Corp. (asi/63549) on Tuesday acquired Zan Enterprises Inc., a contract printer formerly located in Brooklyn, NY. Financial terms of the deal were not disclosed.
"The acquisition of Zan Enterprises has afforded us increased capacity for handling the significant growth of Jornik's product line, as well as providing a full service department for a myriad of contract printing projects," said Jacquie Herz, president of Jornik. "This will not only enable us to provide enhanced service to our distributors on our regular line, but significantly boosts our capabilities in decorating a vast array of items. Zan's current customers have been very pleased with the smooth transition."
Jornik will retain a small number of Zan's employees. Kathy Mazzanti, the owner of Zan, will join the supplier as well on a reduced schedule. "We have known of Kathy and Zan for some time and have had a good relationship with them," said Jornik CEO Peter Herz. "Over the years we have seen that the quality of their printing has been superb. They have taken on challenging contract decorating jobs that were only possible with imaginative leadership and knowledge. This workmanship and management philosophy fit in with our organization perfectly."
Based in Stamford, CT, Jornik is an ASI five-star supplier that offers toys, writing instruments, flashlights and many other items. Zan Enterprises specializes in a number of printing methods, including pad printing, injection molding, hot stamping and CAD/CAM.