The John D. Lucas Printing Co. announced Monday that it had agreed to be purchased by Kollman Enterprises Inc., whose subsidiaries put books and magazines onto computerized tapes that are used by printers.
Terms of the purchase were not disclosed. Lucas, which has about 250 employees in its Baltimore headquarters and plant, will be taken over by the locally based holding company owned by Nicholas Kollman. Kollman Enterprises, which has about 50 employees, runs NK Graphics Baltimore and NK Graphics Keene in Keene, N.H.
Terri Kollman, vice president of Kollman Enterprises, said the company has no plans for layoffs or changes. Kollman will retain Lucas' president, Mark A. Krieger, she said.
Ms. Kollman said that Lucas, which was privately held, lost a little money last year but has generally been profitable. She said that Kollman is profitable.