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In an effort to diversify its product line, Los Angeles-based Golden Applexx’s STOPNGO line has acquired Pen Station Inc. Both manufacturers carry a wide variety of writing instruments and promotional products. Financial terms of the purchase were not disclosed, but Golden Applexx will not be assuming any liabilities as part of the agreement. “We have been discussing the deal for quite some time now, and feltin this economy, it would be mutually beneficial to combine our efforts,” said Jeffrey Lee, vice president of STOPNGO Line. “The acquisition will help attract new people to the company. We believe their brand to be valuable.”
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