CNG is committed to environmental sustainability and holds certifications from FSC, SFI, and PEFC. CNG operates several divisions, including Lindenmeyr, the largest independent paper merchant in the U.S., and Central National, a global provider of pulp, paper, and packaging. is a leading international marketer of pulp and paper. It demonstrates CNG’s ongoing commitment to the paper distribution business and the company’s strong desire to grow, both organically and through attractive acquisition opportunities.įounded in 1886 and headquartered in Purchase, New York, Central National-Gottesman Inc. This transaction is CNG’s fifth acquisition of a paper merchant in the past three years, including four in the U.S. The Spicers and Kelly locations are a perfect compliment to our 22 Lindenmeyr Munroe paper distribution facilities and stores, located on the East Coast and in the Midwest, and will provide enhanced coverage to our customers and suppliers.” These are excellent businesses and we intend to operate both of them as they are, and under their existing brands.
“The existing management and staff of Spicers and Kelly have done an outstanding job. “Spicers and Kelly are well-managed and respected businesses, and we are thrilled to have the opportunity to acquire them,” said Ken Wallach, Chairman and Chief Executive Officer of Central National-Gottesman Inc. The closing is expected to take place on June 30, 2012. Combined sales for both companies were approximately $500 million in the company’s most recent fiscal year. Kelly Paper, headquartered in City of Industry, California, operates a successful chain of paper stores with 48 locations across four Western states. Spicers Paper, Inc., headquartered in Santa Fe Springs, California, is a major U.S. paper distributor with 12 warehouse locations in the West and Midwest. paper operations, which consist of Spicers Paper, Inc.
(CNG) today announced that it has signed a definitive Purchase Agreement with a subsidiary of PaperlinX Limited to acquire its U.S. It is in an odd location among warehouses but it has a pretty amazing selection. With 15 minutes, nothing but a street name, my mom and I headed to Kelly Paper. PURCHASE, New York-Central National-Gottesman Inc. 4 reviews of Kelly Paper Store 'A guy at a big office chain store mentioned that I could get specialty paper for my wedding at Kelly Paper in Hayward.