CONSOLIDATED GRAPHICS INC /TX/
8-K, 1996-07-11
COMMERCIAL PRINTING
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                            ------------------------

                                    FORM 8-K
                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
        DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JULY 10, 1996
                          CONSOLIDATED GRAPHICS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                                      TEXAS
                          (STATE OR OTHER JURISDICTION
                                OF INCORPORATION)

                                     0-24068
                            (COMMISSION FILE NUMBER)

                                   76-0190827
                                (I.R.S. EMPLOYER
                               IDENTIFICATION NO.)

                            2210 WEST DALLAS STREET
                              HOUSTON, TEXAS 77019
             (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)
       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 529-4200

ITEM 5.  OTHER EVENTS

     On July 10, 1996, Consolidated Graphics, Inc. (the "Company") announced
that it had completed the acquisition of Garner Printing of Des Moines, Iowa for
an undisclosed amount. A copy of the press release is attached hereto as Exhibit
99.

     The attached press release may contain forward looking information. Readers
are cautioned that such information involves risks and uncertainties, including
the possibility that events may occur which preclude completion of the Company's
pending acquisitions.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     (A)  EXHIBITS

     The following exhibit is filed herewith:

          99  Press release of Consolidated Graphics, Inc. dated July 10, 1996
              with respect to the completion of the acquisition of Garner
              Printing of Des Moines, Iowa.

                                        1

                                    SIGNATURE

     PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE
REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE
UNDERSIGNED HEREUNTO DULY AUTHORIZED.

                                      CONSOLIDATED GRAPHICS, INC.
                                            (Registrant)

                              By: /s/ G. CHRISTOPHER COLVILLE
                                      G. CHRISTOPHER COLVILLE
                                      VICE PRESIDENT -- MERGERS AND ACQUISITIONS
                                      CHIEF FINANCIAL AND ACCOUNTING OFFICER

Date:  July 10, 1996

                                        2



                                                                      EXHIBIT 99
Consolidated Graphics
NEWS RELEASE
Contact: Mary K. Collins
Senior Vice President
(713) 529-4200

                 CONSOLIDATED GRAPHICS COMPLETES ACQUISITION OF
                         GARNER PRINTING OF DES MOINES

     HOUSTON, TX (July 10, 1996) - Consolidated Graphics, Inc. (Nasdaq/NM:COGI)
today announced that it has completed the acquisition of Garner Printing of Des
Moines, Iowa. Garner, a high-quality, full-service, sheet-fed printer, has been
serving the Iowa printing market since 1928. Terms of the agreement were not
disclosed.

     Garner's five sheet-fed presses have up to seven-color capability and are
complemented by state-of-the-art prepress equipment and complete bindery. The
company provides printing to many of the area's top corporations engaged in a
variety of industries ranging from consumer products to financial services. The
existing management team, headed by Bob Garner, president, and including Jerry
Ross, Tom Kruger, and Bill Duro, vice presidents, will remain in place, and the
company's name will not change. Garner reported revenues of $13 million in 1995.

     "This acquisition represents our entry into the Midwest market where Garner
Printing has a reputation for being one of the top printers and providing
superior customer service," said Joe R. Davis, chairman and chief executive
officer of Consolidated Graphics, Inc. "Garner has always been committed to
investing in the technology to provide its customers with the most efficient and
highest quality printing. We will continue that commitment and offer an expanded
array of services."

     Consolidated Graphics, Inc. is one of the fastest growing printing
companies in the United States. It is a consolidator in a fragmented industry
that adds value to its acquisitions by providing the financial and operational
strengths, management support and technological advantages associated with a
larger organization. With the completion of the acquisition of Eagle Press in
Sacramento, Consolidated Graphics will operate fifteen printing companies in
eleven markets.

                                      -END-

Consolidated Graphics, Inc.
2210 West Dallas Street
Houston, Texas 77019
(713) 529-4200




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