CNG's Munroe to Acquire Domtar's Ariva U.S. Distribution

PURCHASE, NY—Central National-Gottesman (CNG) announced that it has entered into an agreement with Domtar Corp. pursuant to which Lindenmeyr Munroe, a division of CNG, will acquire the U.S. operations of Domtar's Ariva paper distribution business.

Ariva, headquartered in Covington, KY, is a U.S. paper distributor with 15 locations in the East and Midwest. The closing is expected to take place by the end of July 2013. Immediately after the closing, CNG has agreed to sell the Midwest locations of Ariva, located in Cincinnati, Cleveland, Columbus, OH, Dayton, OH, Fort Wayne, IN, and Indianapolis, to The Millcraft Paper Co., a paper merchant headquartered in Cleveland.