Aug 3 2010
VR Mergers & Acquisitions Charlotte has just completed the sales transaction of Certified Paper Rolls and Paper Tech, a paper distributor owned and operated by Susan Bock and Frances Silvus.
Serving the greater Charlotte area for over 30 years, Certified Paper Rolls and Paper Tech distributes a diverse line of paper products including cash register rolls, point of sale receipts, restaurant paper products and wide format paper. They also offer promotional products, ribbons and ink jet and laser cartridges. Jay Offerdahl, Vice President of VR Charlotte, assisted in all phases of the transaction. Details were not disclosed.
"Once we made the decision to sell, we talked with several brokers, but decided that Jay and VR were by far the most professional and we felt that they would represent our business in the way we would want it to be represented," says Bock. "VR did a great job of bringing suitable, interested buyers to us…we received a good, fair price for our business and we are confident the buyers will do a good job taking the business to a new level."
Certified Paper Rolls and Paper Tech has been purchased by Discount Paper Depot, Inc., which is owned and operated by Morad and Rola Slaich and Simon and Adriane Brais.