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United Stationers (NASDAQ: USTR), Deerfield, IL, has announced its subsidiary United Stationers Supply Co., has agreed to acquire CPO Commerce, Inc., an e-retailer of power tools and equipment.
This transaction significantly expands United's digital resources and capabilities to support resellers as they transition to an increasingly online environment.
“We expect CPO's e-commerce platform to provide new capabilities to allow us to drive digital services, engage our resellers through online tools, and enable their continued online success. This acquisition is the next step in executing our strategy,” said Cody Phipps, president and CEO of United Stationers.