CONSOLIDATED GRAPHICS INC /TX/
8-K, 1996-09-13
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): SEPTEMBER 6, 1996
                          CONSOLIDATED GRAPHICS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                TEXAS                                 0-24068                   
    (STATE OR OTHER JURISDICTION              (COMMISSION FILE NUMBER)          
          OF INCORPORATION)                                                     

                                   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

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- --------------------------------------------------------------------------------
<PAGE>

ITEM 5.  OTHER EVENTS

     On September 6, 1996, Consolidated Graphics, Inc. (the "Company")
announced the signing of a letter of intent to acquire Mobility, Inc. of
Richmond, Virginia 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 September 6,
              1996 with respect to the pending acquisition of Mobility, Inc. of
              Richmond, Virginia.

                                       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:  September 13, 1996

                                       2

                                                                      EXHIBIT 99

                            Contact: Mary K. Collins
                              Senior Vice President
                                 (713) 529-4200

                        CONSOLIDATED GRAPHICS TO ACQUIRE
                      MOBILITY, INC. OF RICHMOND, VIRGINIA

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

                   REPRESENTS ENTRY INTO MID-ATLANTIC REGION

     HOUSTON, TX (September 6, 1996) -- Consolidated Graphics, Inc.
(Nasdaq/NM:COGI) today announced the signing of a letter of intent to acquire
Mobility, Inc. of Richmond, Virginia. Mobility has served the Richmond area
since 1969. Terms of the agreement were not disclosed.

     Mobility is a high-quality, full-service sheet-fed printer. Its four
sheet-fed presses have up to six-color capability and are complemented by
state-of-the-art pre-press and bindery equipment. The company reported revenues
of $6 million in 1995. Mobility founder Stephen R. Hutchins will continue as
president of the company and its name will remain unchanged.

     "The Company has an excellent reputation for quality craftsmanship and
outstanding customer service. We are excited about adding Mobility's
capabilities and its great team of employees to our already strong group of
companies," said Joe R. Davis, chairman and chief executive officer of
Consolidated Graphics, Inc.

     "This important acquisition represents our first entry into the
Mid-Atlantic region, a vibrant, growing market. It is also our fourth announced
acquisition since the beginning of our fiscal year in April. The total annual
revenues generated by these four companies exceeds $34 million, bringing our
annual run-rate revenues to a total of $140 million," concluded Davis.

     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. Upon completing the acquisition of Mobility, Inc.,
Consolidated Graphics will operate sixteen printing companies in twelve markets.

                                     -END-



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