Gould Paper Corporation (OVOL USA) acquires McGrann PaperJanuary 16, 2020
January 14, 2020 New York, NY: Michael Trachtenberg, President & CEO announced today that Gould Paper Corporation (OVOL USA) has acquired McGrann Paper. Trachtenberg said that “McGrann, founded in 1974, brings decades of experience bringing suppliers to markets that were uneconomical. Led by Mark Sovie in Charlotte, NC, they will continue to utilize the network of strategically located warehouses & distribution facilities that is the heart of the value proposition.” Adam McGrann commented that by “Becoming a part of OVOL USA brings the significant size and scale to grow the business beyond our traditional specialties and brings new opportunities for our suppliers, customers and employees.”
About OVOL USA: With revenues of more than $1 billion, OVOL USA is among North America’s largest distributors of printing, publishing and business papers. Clients include printers, packagers, manufacturers, corporations and governments worldwide. OVOL USA, in concert with its ultimate parent, Japan Pulp and Paper Company Limited, has offices in virtually every major city the world over. The OVOL Group has revenues in excess of $5 billion.
About McGrann Paper: Founded in 1974 by DF McGrann the family business has grown from its first warehouse in the late 1980’s and several rewinders pointing the organization to the successful stocking merchant they are today.