CONSOLIDATED GRAPHICS INC /TX/
8-K, 1997-10-27
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): OCTOBER 23, 1997

                           CONSOLIDATED GRAPHICS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

         TEXAS                         0-24068               76-0190827
(STATE OR OTHER JURISDICTION   (COMMISSION FILE NUMBER)   (I.R.S. EMPLOYER
      OF INCORPORATION)                                   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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ITEM 5. OTHER EVENTS

      On October 23, 1997, Consolidated Graphics, Inc. (the "Company") announced
that it had completed the acquisition of Superior Colour Graphics of Kalamazoo,
Michigan. 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
pending or future acquisitions by the Company.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

     (A)  EXHIBITS

     The following exhibit is filed herewith:

        99  Press release of Consolidated Graphics, Inc. dated October 23,1997,
            with respect to the Company's announcement that it had completed the
            acquisition of Superior Colour Graphics of Kalamazoo, Michigan.

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<PAGE>
                                    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:  October 27, 1997

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                                                                      EXHIBIT 99

                                            FOR:   Consolidated Graphics, Inc.

                                    APPROVED BY:   Ronald E. Hale, Jr.
                                                   Vice President & Treasurer
                                                   (713) 529-4200

                                        CONTACT:   Betsy Brod/Nancy Healy
                                                   Media: Stan Froelich
                                                   Morgen-Walke Associates, Inc.
                                                   (212) 850-5600

FOR IMMEDIATE RELEASE

                 CONSOLIDATED GRAPHICS, INC. ANNOUNCES COMPLETION OF
                      THE SUPERIOR COLOUR GRAPHICS ACQUISITION

     HOUSTON, TEXAS - October 23, 1997 -- Consolidated Graphics, Inc. (NYSE:CGX)
announced today that it has completed the acquisition of Superior Colour
Graphics in Kalamazoo, Michigan. This transaction continues the expansion
efforts of Consolidated Graphics in the important upper-Midwest printing market.
Consolidated Graphics acquired the privately-owned company in a combination cash
and stock transaction. Other terms of the transaction were not disclosed.

     Superior Colour Graphics, a leading commercial printer in southwest
Michigan for over 65 years, will retain its name and continue to be led be the
management team of Tom and John Brussee. Superior is a premium color printer
with state-of-the-art electronic imaging technology and pre-press departments,
five sheet-fed computerized presses with up to 7-color capability and a fully
equipped bindery.

     "Superior Colour, under the continued leadership of Tom and John Brussee
and the added support of Consolidated Graphics, will remain committed to growing
and offering its customers the highest-quality products and services," said Joe
R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics.
"Superior Colour's team of dedicated employees has earned them the pre-eminent
position within their market, thereby making it a great addition to Consolidated
Graphics' already strong group of commercial printing companies."

     Consolidated Graphics is recognized as the fastest growing printing company
in the United States. A consolidator in a highly fragmented industry, the
Company adds value to its acquisitions through managerial and operational
expertise, financial strength and economies of scale. Upon completion of two
pending transaction, Consolidated Graphics will have 26 companies nationwide
with annualized revenues of more than $250 million.

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