Envoy Solutions Acquires Detroit Chemical & Paper Supply - Modern Distribution Management

Log In

Envoy Solutions Acquires Detroit Chemical & Paper Supply

Envoy announces its third acquisition of 2023 after making 16 acquisitions in 2022.
envoy logo
Author
Date

Another day, another acquisition for Envoy Solutions.

The Glenview, Illinois-based JanSan and packaging supplies distributor announced Feb. 6 its acquisition of Detroit Chemical & Paper Supply Company (DCP), a distributor of cleaning and sanitary products based in Warren, Michigan. Financial details of the transaction were not disclosed.

MDM’s M&A Virtual Summit, to be held Feb. 22-23, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

It’s already the third acquisition of 2023 for Envoy, which acquired Mississippi-based Delta Packing & Supply on Jan. 9 and Royal Paper Corp., a paper distributor in Southern California, on Jan. 23. Envoy’s fast start in 2023 builds on the 16 acquisitions the company made in 2022.

Founded in 1978, DCP provides cleaning and supply products — such as hand care, liners, equipment and paper — to industries including healthcare, sports, entertainment and general industrial.

“I feel inspired to take our business to the next level in Michigan and across the country,” DCP vice president Terry Radzinski said in a news release. “I strongly believe Envoy Solutions has the best business model within our industry for efficiently and effectively finding and delivering solutions to our valued clients.”

“Detroit Chemical & Paper Supply Company is a great fit for our rapidly growing national platform, particularly as we build upon our Michigan presence,” Envoy Solutions CEO Mark Fisher added. “I’m excited to join forces with Terry Radzinski and his great team as we work together to solve the industry’s toughest challenges. From a geographic standpoint, we are well-positioned to create greater efficiencies for our clients while offering them an expanded product portfolio of facility care solutions.”

Envoy Solutions was listed among MDM’s Top JanSan Distributors in 2022.

See MDM’s Investment Bank Directory for a rundown of the key investment banks and advisory firms in the distribution sector.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.