Corporate Express announces two acquisitions.BROOMFIELD, Colo.--(BUSINESS WIRE)--Feb. 6, 1995--Corporate Express Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CEXP), a leading supplier of office products to large corporations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Monday announced it has acquired two office products companies: Calgary Stationer sta·tion·er n. 1. One that sells stationery. 2. Archaic a. A publisher. b. A bookseller. Limited in Calgary, Alberta, and Profile Business Supplies Ltd. in Vancouver, British Columbia. Combined revenue volume of the dealerships is approximately $30 million (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ). Acquisition costs, including assumed debt, were approximately $7 million (CDN). Corporate Express' business was founded in 1986 in Boulder, Colo. Its initial public offering was completed on Sept. 30, 1994, at $16 a share. The company operates over 85 locations, including 21 regional warehouses, and employs 3,700 people. CONTACT: Corporate Express Inc., Broomfield, Colo. Rick Roth, 303/373-7625 or 303/373-2800 |
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