Add-on Acquisition • Distribution

Penn Jersey Paper Acquires Katcef Distributors

On March 30, 2015, Penn Jersey Paper acquired distribution company Katcef Distributors

Acquisition Context
  • This is Penn Jersey Paper’s 2nd transaction in the Distribution sector.
  • This is Penn Jersey Paper’s 2nd transaction in the United States.
  • This is Penn Jersey Paper’s 1st transaction in Maryland.

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M&A Deal Summary

Date March 30, 2015
Target Katcef Distributors
Sector Distribution
Buyer(s) Penn Jersey Paper
Deal Type Add-on Acquisition

Target Company

Katcef Distributors

Annapolis, Maryland, United States
Katcef Distributors, Inc. is a broad line distributor of foodservice supplies, equipment, disposables and janitorial products.
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Buyer Overview 1

Buyer

Penn Jersey Paper

Philadelphia, Pennsylvania, United States

Category Company
Founded 1963
Sector Distribution
Employees300
DESCRIPTION

Penn Jersey Paper is a full line distributor of foodservice supplies, equipment, and disposables. PJP provides supply solutions for the food service, supermarket, healthcare and janitorial industries. Penn Jersey Paper was founded in 1963 and is based in Philadelphia, Pennsylvania.


Deal Context for Buyer #
Overall 2 of 2
Sector: Distribution 2 of 2
Type: Add-on Acquisition 2 of 2
State: Maryland 1 of 1
Country: United States 2 of 2
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 Gelmarc Distributors

Cherry Hill, New Jersey, United States

Gelmarc Distributors, Inc. is a broad line distributor of foodservice supplies, equipment, disposables and janitorial products.

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