Quad/Graphics will purchase a minority interest in commercial printer HGI Company. The percentage of the company Quad will gain, and the value of the transaction, were not disclosed.
Craig C. Faust will retain majority ownership of HGI and will continue to lead the company as its president and CEO.
“Through this partnership, HGI will be able to make investments that will allow us to execute more quickly on our growth strategy in short- to medium-run length commercial print,