NASHVILLE, TN, Jan 2, 2015 (Press Release) - American Paper & Twine Co., a large regional privately owned wholesale distributor, announces that it has acquired Paper and Chemical Supply Co. located near Florence, Alabama.
The purchase of Paper and Chemical Supply Co. further increases American Paper & Twine's share in the wholesale distribution market. "We are excited to bring Paper and Chemical Supply Co. under the American Paper & Twine umbrella," said Bob Doochin, American Paper & Twine Co. President. "Our companies share a similar history, the same core values, and a commitment to customer service excellence, making the two entities a great match."
Both companies are wholesale distributors of packaging materials, janitorial supplies, food service disposables, safety supplies and office products, servicing customers across a broad spectrum of market segments. "The acquisition allows American Paper & Twine to expand service areas throughout northern Alabama and northern Mississippi, including The Shoals- an area in northwestern Alabama that encompasses the cities of Florence, Tuscumbia, Sheffield, Leighton and Muscle Shoals," said David Morris, American Paper & Twine Co. CFO.
Paper and Chemical Supply Co.'s President David Muhlendorf will continue to be active in the business. "We are excited to bring together two successful privately owned businesses. It creates a wonderful opportunity for our employees and improves the total value we bring to our customers," said David Muhlendorf. Paper and Chemical Supply Co. will operate as a division of American Paper & Twine for an interim period as the companies execute an integration plan. "Given our shared core competencies, we expect the transition to be relatively seamless," said Bob Doochin.
The acquisition continues a period of growth for American Paper & Twine. Over the last two years, existing operations in Memphis and Knoxville were moved into larger facilities and a new distribution center was opened in Atlanta, Georgia.
About American Paper & Twine Co.
Founded in 1926, American Paper & Twine is a leading distributor in certain business product sectors, including janitorial, packaging, disposable food service and office supplies. American Paper & Twine now has over 300 employees and operates seven (7) full-service distribution centers located in Nashville, Chattanooga, Memphis, and Knoxville, Tennessee; Florence, Alabama; Little Rock, Arkansas; and Atlanta, Georgia.