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Announced

Central National Gottesman to acquire S.P. Richards.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Domestic

Majority

Private

business products wholesaler

Single Bidder

Diversified Industrials

Friendly

Pending

Acquisition

Synopsis

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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.

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