Acquisition to strengthen Corporate Express furniture position in North Texas
Corporate Express US Inc., part of the Dutch-based Corporate Express NV (NYSE: CXP), announced today that it has acquired Contracta Office Furnishings, a contract furniture dealer in Dallas, Texas.
Corporate Express US is a leading business-to-business supplier in the U.S. of office products, furniture, facility supplies and computer products and services, printing and forms management and promotional merchandise. The company’s contract furniture business is called Corporate Express Business Interiors (CEBI).
This acquisition of Contracta will strengthen Corporate Express’s position in North Texas and support the company’s objectives of increased growth in the contract furniture business.
All of the approximately 20 Contracta employees will be retained within the CEBI organization. The deal was completed on September 28, 2007. The combined North Texas organization will be led by John Sherman, VP of CEBI.
"The combination of Corporate Express Business Interiors and Contracta represents significant benefits to our furniture clients and our associates," said David M. Grove, President of Corporate Express Furniture. "The shared strength of our excellent customer relationships with large, mid and small businesses and furniture manufacturers means we will be able to offer enhanced service levels and greater economies of scale, backed by a national distribution infrastructure."
Corporate Express Business Interiors is the largest full service furniture distributor in the United States, with the broadest furniture offering in the industry which includes catalog furniture purchases and full service contract furniture services.
"Making this integration seamless for both Contracta and Corporate Express customers is our top priority,” said Grove. “Both Corporate Express and Contracta share a passion for service excellence, and I look forward to bringing our two organizations together."