Central National-Gottesman Acquires Frank Parsons's Fine Paper Division

Oct. 5, 2010 - Central National-Gottesman said that its Lindenmeyr Munroe division has acquired the assets and business of Frank Parsons's Fine Paper Division, one of the mid-Atlantic region's leading independent paper merchants.

Terms of the deal were not disclosed.

The deal includes Frank Parsons's entire fine paper operation, which serves seven U.S. markets and consists of locations in or near Baltimore, Maryland, Washington, DC, Lynchburg, Norfolk, and Richmond, Virginia, and Harrisburg and Pittsburgh, Pennsylvania.

Also included in the sale are six wholesale paper stores.

SOURCE: Central National-Gottesman