Central National Gottesman Inc. (CNG), a sales and marketing organization in the global pulp, paper, packaging, tissue, wood products and metal industries, announced that its Spicers Canada division will acquire Shippers Supply, expanding its position in the distribution of shipping, packaging and warehouse supplies.
Privately owned and headquartered inEdmonton, Alberta, Shippers Supply operates nine locations throughoutWestern Canada. It supplies corrugated boxes, labels, tape, stretch film, shelving, packaging supplies and warehouse equipment to the region.
“The acquisition of Shippers Supply is another critical step forward in many product categories we want to grow throughout our North American Distribution business,” saysAndrew Wallach, CNG President and CEO. "We look forward to building on the strong foundation and success that Shippers Supply has created over the years."
Spicers Canada PresidentCory Turneradded that the acquisition of Shippers Supply fits with his organization's strategy to leverage its significant distribution capabilities in new ways. “The opportunity to acquire Shippers Supply adds significant capabilities and expertise that will be invaluable in meeting our company's market strategy," says Turner. “Extending product solutions both inside and outside of our core markets creates immediate opportunities that align well with our growth initiatives.”
Shippers Supply will operate as an independent division of Spicers Canada, working closely with Spicers' existing operations and distribution network in Western Canada.