The latest round of consolidation in the scrapbook industry is continuing this week with the announcement that Advantus has acquired “substantially all of the assets” of punch and office supply manufacturer McGill, Inc.
According to the announcement, McGill products will start shipping from Advantus’s headquarters in Jacksonville, Florida before the end of the month.
“We look forward to manufacturing and distributing the McGill products and building on the good name of McGill, Inc., with its reputation for quality products,” said Kevin Carpenter, President of Advantus.
“We at McGill are excited about the acquisition by Advantus Corp. This will be great for all of our customers and allow the McGill product lines to grow in the office products and craft markets,” said Wayne Schwartzman, President of McGill, Inc. [Read more...]