(PRESS RELEASE) LANDISVILLE, PA—Yurchak Printing has acquired the intangible assets and select equipment of Gonic, NH-based Odyssey Press. Details of the transaction were not revealed. The NAPL mergers and acquisitions team advised Yurchak Printing on the deal.
"By combining the two companies we will have an expanded set of services that we can offer to all our customers," said John Yurchak Jr., CEO of Yurchak Printing. "Odyssey clients will benefit from the addition of webfed digital presses and in-house case binding. Yurchak clients will gain access to a full suite of online e-commerce and Web-to-print systems. The combined company will be one of the largest and best equipped digital print providers to the scholarly, technical, medical, and academic book and journal marketplace."
Kevin Pirkey, former partner at Odyssey Press, will become the vice president of sales and marketing at Yurchak Printing. Tad Parker, also a former Odyssey Press partner, will be focused on the transition of Odyssey’s production operation and client relationships into the Landisville facility.
“We couldn’t ask for a better fit in terms of company culture, management style and operational capabilities," Parker said. "Uniting these two companies will create a stronger entity that will continue to provide our customers with the highest quality of personal service.”
With a current workforce of 50 employees, Yurchak Printing anticipates hiring additional staff at the Landisville plant.