Central National Gottesman to acquire S.P. Richards.

Central National Gottesman, a pulp, paper, tissue, packaging, wood products, and metals industries distributor, agreed to acquire S.P. Richards, a business products wholesaler. Financial terms were not disclosed. "S.P Richards is a leader in this market space, and we are excited about its national distribution capabilities. We believe we can grow the business over time in a way that will benefit our customers, suppliers, and employees, and we are thrilled to welcome our new SPR colleagues to the CNG family," Andrew Wallach, CNG President and CEO.