Sanford Business-to-Business Acquires Quill Company
When asked how the Quill line fits into Sanford’s current product offerings, Stoltz responded, “Quill is a nice spot between the very high end where we have Parker and Waterman, and the everyday writing category of Paper Mate. So it’s a perfect fit.”
Quill will turn over all equipment and intellectual property when the deal officially closes on January 31, 2007. Then the entirety of Quill’s production equipment will be relocated to Sanford’s base of operations. “We have time for a smooth transition and to make sure we take care of our customers,” Stoltz explained. “We’ll have communications going out to customers that outlines the transition plan during the month of January.” Stoltz feels that the transition will be complete by March 1, 2008.
- Companies:
- Sanford Business-to-Business