Central National-Gottesman to Acquire Spicers Paper, Kelly Paper
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
PURCHASE, NY—June 25, 2012—Central National-Gottesman (CNG) has signed a definitive purchase agreement with a subsidiary of PaperlinX Ltd. to acquire its U.S. paper operations, which consist of Spicers Paper and Kelly Paper.
Spicers Paper, headquartered in Santa Fe Springs, CA, is a major U.S. paper distributor with 12 warehouse locations in the West and Midwest. Kelly Paper, headquartered in City of Industry, CA, operates a successful chain of paper stores with 48 locations across four Western states. Combined sales for both companies were approximately $500 million in the company’s most recent fiscal year. The closing is expected to take place on June 30, 2012.
0 Comments
View Comments
Related Content
Comments