Mac Papers Completes Acquisition of Alles Inc.

Nov 7, 2013 Mac Papers on Nov. 1 completed its acquisition of Alles Inc., a full-scale distributor of packaging products, systems and services out of Hialeah, Florida.

Terms of the deal were not disclosed.

The acquisition is Mac Papers' largest to-date outside of its printing paper business. The company said the deal signifies its "commitment to diversifying its core business offering and becoming a key player in packaging distribution."

"When Mac Papers opened its doors in 1965, we used to say 'paper is all we do.' A lot has changed in nearly 50 years," said Sutton McGehee, Chairman and CEO of Mac Papers.

"While we aim to be the most valued and respected paper distributor, we're diversifying our core business to be sustainable in a declining paper market. This strategic acquisition underscores our commitment to becoming a bigger player in the packaging industry by combining our strong product and distribution expertise with Alles' geographical footprint and increased scope of services," McGehee said.

The Alles footprint includes offices and distribution centers in Tampa and Jacksonville, Florida, as well as Louisville, Kentucky, a new location that furthers Mac Papers' footprint across the Southeast.

According to Mac Papers, Alles will continue operations out of its facilities for the first 30-60 days, until it moves into Mac Papers warehouse locations in those regions. The Louisville facility will continue to operate as is.

The deal follows Mac Papers December 2012 acquisition of All Packaging Supplies, a distributor of industrial and food service packaging supplies located in Pembroke Park, Florida. Mac Papers also acquired Orlando, Florida-based Redd Paper Company in Nov. 2011, which included packaging and wide format printing divisions.

Headquartered in Jacksonville, Florida, Mac Papers is one of the largest wholesale distributors in the Southeast U.S. The company operates 22 branch locations and 18 Mini Mac retail stores across nine states in the Southeast. For more information, visit www.macpapers.com..

SOURCE: Mac Papers