Wednesday, July 24, 2013

Millcraft to Buy Midwest Business Assets of Ariva

http://www.paperage.com/2013news/07_23_2013millcraft_paper_ariva_lindenmeyr.html
The Millcraft Paper Company [yesterday] announced that it has entered into an agreement to acquire the United States Midwest-based business assets of Ariva Distribution, Inc. from Lindenmeyr Munroe, a division of Central National-Gottesman Inc. (CNG).
In a separate but coordinated business transaction, privately-held CNG entered into its own agreement with Domtar Corporation, Ariva’s parent company, pursuant to which Lindenmeyr, based in Purchase, New York, will first acquire Ariva’s entire U.S. operations.
Millcraft’s acquisition includes Covington, Kentucky-based Ariva’s six Midwest locations in Cleveland, Columbus, Dayton, Cincinnati, Fort Wayne and Indianapolis.