Harry E. Gould, Jr., President and CEO of Gould Paper Corporation, New York City, announced that Gould is scheduled to complete the acquisition of Western Paper on April 15, 2011. Western Paper will be merged with Gould's Dallas based subsidiary, BRW Paper. The combined entities will go to market as Western/BRW Paper.
Mr. Gould stated, "Western Paper has been servicing the Dallas market since 1957 and Austin since 1984. We are extremely pleased to have Western Paper join Gould Paper Corporation. This is a strategic fit for BRW's Dallas operation and will also provide BRW with an additional operating location in Austin."
Joe Ryan, who will be President of Western/BRW Paper, stated, "The acquisition of Western Paper is highly synergistic. It will provide a platform for improved customer service, significantly enhance our product offerings and offers increased mill support for both Western and BRW's existing customer base."
Joe Ryan, further stated, "The former owners of Western Paper, Kevin Jerger and Richard Florez, each have 27 years experience in the paper industry. They will be valuable additions to the senior management team of the new company."
Both Kevin and Richard will report directly to Joe Ryan. Kevin is a graduate of the University of North Texas and Richard is a graduate of Texas State University. Kevin has been appointed Executive Vice President-Dallas and Richard Executive Vice President-Austin.
Founded in 1924 and headquartered in New York City, Gould Paper Corporation has revenues in excess of US $1 Billion and is one of North America's four largest distributors of printing and business papers. Early in 2010, Japan Pulp and Paper purchased a 51% ownership position in Gould. With this acquisition, Gould, in concert with JPP, has offices in virtually every major city throughout the world with total revenues in excess of US $6 Billion. For more information on Gould, visit our website at www.gouldpaper.com.
