May 20, 2005. United Stationers Inc. announced that its Lagasse, Inc. subsidiary signed a definitive purchase agreement with the shareholders of Sweet Paper Sales Corp. and with Sweet Paper Sales Group, which are headquartered in Hialeah, Florida. The Sweet Paper companies are privately held, with combined annual sales of approximately $250 million.
Lagasse, Inc. signs a definitive purchase agreement for Sweet Paper sales for unclosed sum
May 20, 2005. /Lesprom Network/. United Stationers Inc. announced that its Lagasse, Inc. subsidiary signed a definitive purchase agreement with the shareholders of Sweet Paper Sales Corp. and with Sweet Paper Sales Group, which are headquartered in Hialeah, Florida. The Sweet Paper companies are privately held, with combined annual sales of approximately $250 million. Sweet Paper currently offers 10,000 janitorial/sanitation, paper and foodservice products to approximately 5,000 distributors in twenty-three states. The companies are regionally focused in the Southeast, California, Texas and Massachusetts. Sweet Paper operates from ten distribution facilities. The transaction is expected to close in the second quarter of 2005, subject to customary closing conditions.