USA – Illinois-based specialized distributor and solution provider Envoy Solutions has entered an agreement to acquire full-line distribution services company Mooney-General Paper (MGP) for an undisclosed sum.
Based in New Jersey, Mooney-General Paper provides equipment and supplies for industrial packaging, food service and food packaging, and sanitary maintenance.
The business specializes in both traditional and innovative solutions that are tailored to the 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.
Mark M. Fisher, CEO of Envoy Solutions said: “It’s incredible that such a valued company with a long track record of success is joining our rapidly growing family of regional distributors.
“I look forward to working with Andrea Ribakove, Richard Ribakove and the rest of their amazing team at Mooney-General Paper Co.With this new partnership, we will continue to gain momentum in our Northeast region, a key geographic market in which we operate win shows tremendous growth.
“As 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 customers solve the industry’s toughest challenges.”
For more than a century, Mooney-General has provided superior products with outstanding customer service.
Founded in 1917, the third-generation company differentiates itself from its competitors with individual expertise that enables it to promote efficiency and profitability for its customers.
By joining Envoy Solutions, Mooney-General gains access to a national platform with an expanded product portfolio, deeper industry knowledge and the ability to reach a larger customer base in the United States
“We have thrived for more than a century because we continue to innovate and adapt to changing times to provide creative solutions to our customers,” explains Andrea Ribakove, Chairman of Mooney-General Paper Co.
“The support and scale of Envoy Solutions will allow us to build on our rich history nationally to fuel growth in this exciting new chapter.”
This acquisition comes barely after a month since Envoy Solutions acquired Mississippi-based packaging distributor Delta Packaging & Supply for an undisclosed sum.
Delta Packaging & Supply offers flexible packaging materials, equipment and solutions to a diverse range of industries in the southeast region.
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