Paper Enterprises Acquires Worldwide Sales and Distributing
Paper Enterprises, Inc., Bronx, NY, through its Consolidated Paper Division announces the acquisition of certain assets of Worldwide Sales & Distributing, Inc., Edison, N.J.
Worldwide Sales & Distributing, a company lead by Barry Shimon, is a distributor of general merchandise and household items that serves the dollar stores, dollar plus, and general merchandise markets in the NY, NJ, CT, PA, MA, and MD marketplaces.
Jordan Sedler, President of Paper Enterprises says - “Worldwide Sales is an excellent fit for both of our companies and will allow us to expand and improve our offerings to our customers as we introduce and cross-sell our expanded product lines into each other’s markets. By combining Worldwide Sales with our Consolidated Paper Retail Division we gain over 500 new customers and 800 new products to offer our customers. Additionally the Worldwide customers gain an additional 2,700 new items carried by Consolidated Paper”.
According to Barry Shimon, President of Worldwide Sales “Consolidated Paper brings significant resources to the Worldwide Sales & Distributing customers, suppliers and employees, and we are looking forward to being part of the Consolidated Paper Retail Team.”
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