From Home Furnishing Business
OfficeSource Acquires Southern Wholesaler
2007 by in UnCategorized
By Home Furnishings Business in Home Office on April 2007
Denver-based OfficeSource, a wholesale distributor of office furniture, announced Monday that it has acquired Nashvilles NDI Wholesale, the largest independent office furniture wholesaler in the Southeast with more than 530 active customers.
With the acquisition, the fourth since OfficeSource formed in 2004, the company has expanded its coast-to-coast distribution network and has annual revenues of $120 million. The addition of NDI Wholesale fits our business model and strategy perfect, said Todd Elmers, chairman and CEO, OfficeSource. It takes our coast-to-coast presence another step closer toward a full nationwide distribution network. Plus, the caliber of the people, service and relationships NDI Wholesale has built are right in line with our nationwide distribution model with a localized presence philosophy.
NDI Wholesale serves seven Southern states from three distribution centers. OfficeSource has 280 employees and 15 distribution centers across the country.