CWG International Inc., a subsidiary of Carolina Wholesale Group, announced the acquisition of Buffalo Grove, Illinois‐based International Toner Company; Reno, Nevada‐based Supplies Wholesalers; and McHenry, Illinois‐based Cartridge World USA from Blackford Capital.
Supplies Wholesalers, Cartridge World USA, and International Toner Corporation operations will now benefit from the experience and stability of CWG International’s brand diversity and industry experience, according to a CWG press release. Each company played different yet significant roles in the growth of the U.S. imaging supplies channel and marketplace over the years.
“These companies are a natural fit for the CWG International portfolio,” said Larry Huneycutt, CEO, CWG International Inc. “Our combined strengths and resources will be able to satisfy greater demand for a wide range of imaging supplies and solutions. We are big believers in providing growth and synergy to the imaging channel, and we’re excited to move forward under my direction with this next phase of growth and innovation with these three brands.”
Founded in 1981, International Toner Company is one of the largest domestic manufacturers of compatible copier, fax, and laser‐based printing supplies with operations based in the United States. Their product selection, extremely competitive pricing, and an acute sense of customer service allow them to compete with some of the biggest names in the imaging supplies industry. It will continue to grow its footprint through personalized service and quality products with the support of CWG International, according to the press announcement.
Supplies Wholesalers is a wholesale distributor of imaging supplies to resellers across the United States. They will reportedly benefit immensely from the offering and relationships in place with CWG International Inc. partners. The product offering and solutions for current Supplies Wholesalers customers will only expand in the future and provide more value to its loyal resellers.
Cartridge World USA offers flexible solutions and neighborly services through its Cartridge World franchisee locations operating throughout the United States. Its franchise locations are reportedly passionate about the local communities and are eager to provide solutions to the community of consumers. Cartridge World provides a consistently high‐quality product that is uniquely controlled to guarantee end‐users and customers return repeatedly.
“This acquisition is a significant step in CWG International’s growth strategy,” Huneycutt said. “Pouring the resources and backing of CWG International into these three separate companies creates an extremely strong portfolio within the imaging supplies channel, allowing us to drive new growth and long‐term profitability.”
All three companies will continue to operate with their experienced personnel with the benefit of support and resources provided through CWG International. The combined group reports to Huneycutt, with responsibilities for operations of the consolidated business and corporate integration.
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