Hudson Valley Paper Co. Acquired

Central National-Gottesman Inc.’s Lindenmeyr Munroe division has acquired the assets and business of Hudson Valley Paper Company.

Hudson Valley is headquartered in Albany, NY, where it maintains its principal warehouse and administrative offices. The company also operates warehouses and sales offices in Rochester, New York; Burlington, Vermont; and Hartford, Connecticut.

“Hudson Valley was founded in 1875 and is one of the leading fine paper distributors in the Northeast,” said Ken Wallach, chairman and chief executive officer of Central National-Gottesman. “Hudson Valley is managed by members of the fourth and fifth generation of the founding family and maintains the pride, integrity and professionalism embodied in its long and distinguished history. We look forward to adding the accomplished professionals at Hudson Valley to our existing New England sales and support team. This acquisition enables us to offer our customers and suppliers an unrivaled level of service while strengthening our leading position in the important Northeast market.”

This transaction is Lindenmeyr Munroe’s fourth acquisition of a paper merchant in the past 15 months, including three in the United States and one overseas.

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