Impact Products is acquired by S.P. Richards

S. P. Richards Company, the Company’s Office Products Group, has entered into a definitive agreement to acquire Impact Products, LLC (“Impact”). Consummation of the transaction is expected on July 1, 2014.   Impact Products is a leading value-added provider of facility, janitorial and safety supplies serving North America. The Company expects the acquired business to generate approximately $85 million in annual revenues.

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