Headquartered in Vaughan, Ontario, Spicers Canada is one of the country's primary distributors of fine paper, sign and display media, industrial packaging and graphic arts supplies.
"Spicers Canada has a very strong competitive position in the market, reflecting its scale, deep set of service capabilities and exceptional leadership," said Andrew Wallach, CNG President and CEO.
A subsidiary of Australia -based PaperlinX Limited, Spicers Canada has been in business for more than 70 years. The company will continue to operate independently to ensure continuity with its distinct customer service, suppliers and nearly 500 employees.
Spicers Canada joins CNG merchants Lindenmeyr Munroe, Spicers Paper (US) and Kelly Paper in the company's Distribution Group. The deal is expected to close at the end of February pending approval by the Competition Bureau of Canada.
Central National-Gottesman Inc. is a $5 billion, global marketer of pulp, paper, tissue, packaging and plywood.
