Posted January 31, 2011
Interline Brands buys Northern Colorado Paper
Interline Brands has acquired substantially all of the assets of Northern Colorado Paper, a distributor of janitorial and sanitation supplies for approximately $9.5 million in cash.
Founded in 1978, NCP is a regional Jan-San distributor headquartered in Greeley, Colo., primarily serving institutional facilities in the healthcare, education and food service segments. NCP generated approximately $40 million in revenue in 2010 and has approximately 115 full-time employees.
"The acquisition of NCP is consistent with our strategy of acquiring businesses with leadership positions in attractive markets and complements our recent acquisition of CleanSource," said Michael J. Grebe, Interline's chairman and chief executive officer commented. "In particular, this transaction further enhances our presence and scale in the Western United States and builds on our leading position in the Jan-San space."
