MSG Distributors completed the acquisition of Boxed.

MSG Distributors, a privately held regional distributor, completed the acquisition of Boxed, an online and mobile membership-free wholesale retailer. Financial terms were not disclosed. "This acquisition strengthens our inorganic growth strategy and diversifies our distribution models nationwide. The loyalty and trust that customers and brands have in Boxed is priceless, and we are committed to continue this model of offering bulk-sized products to customers at wholesale prices," Mark Gadayev, MSG President.