MOHAWK — Office-product dealer Hummel’s Office Plus has added to its list of retail locations by purchasing CNY Office Products of Cortland.
Mohawk–based Hummel’s closed on its acquisition of CNY Office Products Dec. 1. The companies did not disclose financial terms of the deal or any revenue details.
“The merging of our two long-established family businesses is truly exciting,” Hummel’s CEO Justin Hummel said in a news release. “We admire the industry expertise and enthusiasm of the CNY Office Products team and their excellent long-term relationship with their customers. We are eager to build upon each dealer’s unique heritage while focusing on common goals of supporting our customer’s needs.”
(Sponsored)
Close the Skills Gap: Build Your Workforce with MACNY Registered Apprenticeship Program
In today’s competitive labor market, finding qualified candidates through traditional hiring methods has never been more challenging. As industries evolve and workforce demands shift, employers are facing a growing skills
Asset Acquisition Strategies: Choosing Between Financing, Leasing or Buying
When acquiring business equipment or machinery, how you choose to pay can significantly impact your cash flow, tax strategy and long-term financial position. The three primary optionsare financing, leasing and
CNY Office Products will now operate as Hummel’s Office Plus. It’s slated to remain open at its location of 839 State Route 13 in Cortland.
Hummel’s plans to retain all of the acquired company’s employees. CNY Office Products founder, David Stark, is retiring. But his wife, Lynn, will stay with the company as a part-time staff member. That means the acquisition adds three full-time workers and a part-time employee to Hummel’s workforce, which was about 80 people before the deal.
In addition to the new Cortland location, Hummel’s Office Plus has retail stores in Herkimer and Rome. It also has a sales office in Syracuse. Its headquarters is an 80,000-square-foot office complex and distribution center at 25 Canal St. in Mohawk, Herkimer County.
Contact Seltzer at rseltzer@cnybj.com
