Sheridan Buys Dingley

HUNT VALLEY, MD.—The Sheridan Group (sheridan.com ) signed a definitive agreement to acquire The Dingley Press, Lisbon, Me., in a transaction expected to close this month. The purchase price was not disclosed.

The Dingley Press, a printer of specialty catalogs, billed net sales of approximately $90 million in 2003. The Sheridan Group, with annual sales of $209 million, offers a full range of printing and value-added support services to the journal, catalog, magazine, book, and article reprint markets.

Under the terms of the agreement, Dingley's business will be acquired by a wholly owned subsidiary of The Sheridan Group and continue to operate as The Dingley Press. Christopher A. Pierce, currently president and majority shareholder of The Dingley Press, will continue as its president and chief operating officer.