Glenview, Illinois-based Envoy Solutions has entered an agreement to acquire full-line distribution services company Mooney-General Paper (MGP) for an undisclosed sum.
Hillside, New Jersey-based MGP provides equipment and supplies for industrial packaging, food service and food packaging, and sanitary maintenance.
The business specialises in both traditional and innovative solutions that are tailored to specific requirements of the customers. It is a known supplier to regional industries and businesses in New Jersey, New York, and Pennsylvania for more than 12 decades.
The acquisition increases Envoy Solutions’ capabilities across multiple business areas and broadens the company’s current presence in the densely populated Northeast region.
Envoy Solutions CEO Mark M. Fisher said: “It’s incredible to have such a highly valued company with a long history of success join our rapidly growing family of regional distributors.
“I look forward to working with Andrea Ribakove, Richard Ribakove, and the rest of their great team at Mooney-General Paper Co. With this new partnership, we will continue building momentum in our Northeast region, a key geographic market where we’ve seen tremendous growth.
“While we expand our national platform, we are committed to maintaining the highest level of customer intimacy at the local level, so we can help our clients solve the industry’s toughest challenges.”
The Illinois-based firm said that Mooney-General will have access to a national platform with an expanded product portfolio, better category knowledge, and the opportunity to reach a broader customer base throughout the US by joining Envoy Solutions.
Mooney-General Paper president and CEO Richard Ribakove said: “We consider Envoy Solutions to be the leading innovator and solution provider in specialized distribution across the US because of its differentiated business model, and we couldn’t be happier to be part of its growing national platform.
“The expanded value that joining Envoy Solutions will bring to our customer base is undeniable.”
Envoy Solutions is a specialised distributor and solution provider with specialisation in Jan-San, food service, packaging, and marketing execution.