The 2020 Mid-Year Economic Update_long

United Stationers To Acquire CPO Commerce

Acquisition will expand United's digital resources and capabilities.

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. 

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.