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Kelly Spicers acquires Creative Packaging Group to expand packaging footprint

Jan 29, 202511 months ago

Acquiring Company

Kelly Spicers

Acquired Company

Creative Packaging Group

Santa Fe SpringsDenverManufacturingProfessional Services

Description

Kelly Spicers, a leading West Coast distributor of paper, packaging, and wide format products, has announced the acquisition of Denver-based Creative Packaging Group. This acquisition is part of Kelly Spicers' strategic expansion plan to enhance its service platform and presence in the Rocky Mountain region, catering to multi-location customers and aligning with its growth strategy.

Company Information

Company

Kelly Spicers

Location

Santa Fe Springs, California, United States

About

With eight regional locations and 26 retail stores serving the Western U.S. and Hawaii, Kelly Spicers is committed to its core business of paper for commercial printers, packaging, wide format products, and facilities solutions. Kelly Spicers is part of Central National Gottesman (CNG), a family of companies that specialize in creative approaches to sales, sourcing, global distribution, and supply chain to keep businesses around the world delivering for their customers.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed