American Solutions for Business Acquires Peter Kleine Company
American Solutions for Business (UPIC: AMER0005) has acquired Peter Kleine Company (UPIC: PETE0002), a 30-year-old distributor based in Lititz, Pennsylvania. Financial details of the acquisition were not released.
Peter Kleine’s team is made up of approximately 12 employees and will continue to do business from its 36,000-square-foot office/warehouse facility, while maintaining its identity as Peter Kleine Company, a division of American Solutions for Business. Eric Sheron and Michael Tornvall, partners in ASB’s King of Prussia, Pennsylvania, location, will be managing the operations for the business center. Peter Kleine, the former owner, will remain with the company and play an active role in driving future direction, along with Sheron and Tornvall.
“Pete and his entire team are known for unparalleled customer service and their dedication to creative marketing solutions,” says Sheron. “The acquisition of Peter Kleine by ASB creates a unique entity by combining the print management and promotional products expertise of both groups. The combination of these two companies will enable us to offer existing clients and prospects a more diverse product offering, additional expertise, enhanced ecommerce and technology tools along with an expanded fulfillment and distribution footprint. Their mission fits so well with that of American Solutions for Business, and we see Peter Kleine Company as a fantastic addition. I look forward to working closely with them into the future.”
Justin Zavadil, executive vice president of Glenwood, Minnesota-based ASB, adds, “We’re pleased to welcome the Peter Kleine group to the American family. Their team of sales associates and support staff bring extensive experience in serving the promotional needs of clients nationwide.”