Board Converting News, November 21, 2022

CNG Kelly Spicers Division Acquires Connemara West Coast Operations Purchase, New York based Central National Gottesman Inc. (CNG) announced that its Kelly Spicers division is ac- quiring the West Coast operations of Connemara Convert- ing, a custom paper and board converting company and supplier to label printers, envelope converters, and paper and packaging distributors. The acquisition of Connemara expands Kelly Spicers’ Custom Converting operation to seven sheeters spread across the West, including Salt Lake City, Seattle, and the Santa Fe Springs, California headquarters, where a newly acquired slitter/rewinder will also be located. “Our North American Distribution business is focused on finding ways to meet the changing demands within the industry, and we are excited to expand our capabilities in the Custom Converting space,” said Andrew Wallach, CNG President and CEO. “Our ability to custom cut paper, board, and wide format products creates a clear advan- tage for our clients.” Custom Converting allows customers to use only what they need by reducing the size of the sheet down to the actual area to be printed, cutting waste by as much as 30 percent compared to a standard size sheet. The addition of new equipment and an experienced team of professionals from Connemara's Ontario, Cal-

ifornia based operation underscores Kelly Spicers’ com- mitment to Custom Converting, a legacy service that the company has offered for decades. “We’ve been in the Custom Converting space for a long time, so adding Connemara to our existing operations makes sense as we continue to diversify and offer more options to our customers and suppliers,” said Jan Gottes-

man, President of Kelly Spicers. “We couldn’t be more thrilled to welcome the Connemara team and all their ex- pertise to Kelly Spicers.” The Connemara Ontario operations will relocate to the Kelly Spicers Santa Fe Springs facility in early 2023. Kelly Spicers is committed to the ongoing investment in its core business at eight regional locations and 29 retail stores serving the Western U.S. and Hawaii.

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November 21, 2022

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