Newly Unified Company Offers Fastest and Most Convenient Solution for Workplace Essentials
Deerfield, IL, May 29, 2015 – United Stationers Inc. (NASDAQ: USTR), a leading supplier of workplace essentials, will officially bring together several of its primary operating companies under the name ³Essendant² on June 1, 2015. In addition, the company will begin trading under the new stock ticker symbol ESND on June 1st.
³By uniting our brands as Essendant, we provide the exceptional products and services that enable our partners to succeed, while also increasing the convenience and efficiency for our customers,² says Bob Aiken, interim president and chief executive officer.
United Stationers Supply Co., Azerty, LagasseSweet and ORS Nasco will come together under the Essendant brand starting in June, while MEDCO will follow shortly thereafter.
The unified brands all boast a history of exceptional supply-chain management and delivery capabilities, offering next-day delivery to more than 90 percent of the U.S. and providing more than 160,000 stocked products. ³All of these companies are leaders in their industries. And now, together, we have a stronger solution with access to more products, more capabilities and more support,² says Aiken.
³Essendant goes beyond essentials to deliver what our resellers need,² said Diane Hund, vice president of marketing for Essendant. ³We are no longer just a wholesaler. In addition to a broader portfolio of products, Essendant also provides digital content and capabilities, product and category expertise and marketing support.²
The change in brand name and stock symbol will not in any way affect the validity or transferability of any currently outstanding stock certificates, and the company will not ask shareholders to surrender for exchange any United Stationers Inc. certificates presently held by them.
For more information on the journey to become Essendant, visit essendant.com.
