Western Paper Distributors Acquires the Assets of High Country Chemical Supplies
DENVER – November 2012– SDR Ventures, a Colorado-based investment banking firm recently announced that Western Paper Distributors, Inc. (Western Paper) has acquired the assets of High Country Chemical Supplies, Inc. (High Country Chemical). SDR Ventures served as buy-side advisor to Western Paper throughout the transaction process.
Western Paper is an award-winning provider of distribution services and products for the washroom, janitorial, food service, and lodging industries. With warehouses located in Denver, Phoenix and Albuquerque, the company serves a broad region of the western United States.
Western Paper has built a trustworthy reputation for its superior services and products. The company has experienced steady growth, and this marks its second acquisition in only two years.
“We are very excited for High Country Chemical to join the Western Paper family,” said Nick Morris, president of Western Paper. “This acquisition allows us to expand our distribution services and customer base along Colorado’s Front Range. High Country Chemical has build a great reputation and company, and we look forward to building on that legacy.”
High Country Chemical is a leading cleaning supplies company, established in 1983 as a woman-owned business enterprise. Founder Carol Guimarin started the business out of the trunk of her car. Now, High Country Chemical boasts 48 employees in a 50,000 square foot Denver facility. The company has experienced substantial year-over-year growth since its inception, resulting in High Country Chemical becoming one of the top national distributors of commercial cleaning supplies, equipment, soap, trashcan liners and paper products.
“Working closely with Western Paper for the past few years, we have had the opportunity to see the company grow,” said Andy Limes, founding partner of SDR Ventures. “We look forward to continuing our relationship with Western Paper, and helping the company grow and expand. It is always a pleasure to work with Nick and his team.”